Consider a no-load mutual fund with $457 million in assets and 12 million shares at the start of the year, and $520 million in assets and 13.21 million shares at the end of the year. During the year investors have received income distributions of $2.25 per share, and capital gains distributions of $1.57 per share.  Assume that the fund carries no debt. What is the NAV at the END of the year? Group of answer choices   39.36 37.97 38.65 43.65 33.34

Q: A year​ ago, an investor bought 400 shares of a mutual fund at ​$7.52 per share. This​ year, the…

A: Given: Particulars Amount Number of shares 400 Price per share $7.52 Dividend $0.77…

Q: On February 9, 2020, the market value of the investments contained in the All Star Stock Fund, a…

A: Market Value of the mutual fund = $21,200,000 Liabilities for the fund = $2,544,000 Net Asset Value…

Q: An investor buys shares in a mutual fund for $20. At the end of the year the fund distributes a…

A: Introduction Mutual Funds:  A mutual fund is a type of financial vehicle that invests in securities…

Q: Consider a mutual fund with $ 400 million in assets at the start of the year , and 12 million shares…

A: NAV = Mutual fund value / Outstanding share   Return = [ NAV1 - NAV0 + Income Distributions +…

Q: The Argentina Fund has $450 million in assets and sells at a discount of 6.3 percent to NAV. If the…

A: Net asset value per share can be computed with the help of a fraction, where numerator of the…

Q: Calculate the premium or discount percentage on the fund, if the fund has total assets of $830…

A: The share is said to be trading at premium, if the face value of the share is less than the market…

Q: You have $16,000 to invest in a mutual fund with an NAV = $45. You choose a fund with a 4 percent…

A: Rate of return is the annual income generated from the investment expressed in percentage terms.

Q: Consider a mutual fund that manages a portfolio of securities worth Php240 million. Suppose the fund…

A: Net Assets value per share = Value of assets - liabilities / Shares outstanding

Q: wildhorse funds has 11.2 millions shares outstanding the funds portfolio is now valued at 322…

A: Net asset value is the net realisable value of the fund. Total NAV = Value of investments - total…

Q: A mutual fund has total assets of $45,000,000 and total liabilities of $4,000,000. There are…

A: Solution:- Net Asset Value (NAV) of mutual fund means per unit net value of each unit. NAV = (Total…

Q: A mutual fund has total assets of $40,000,000 and total liabilities of $3,000,000. There are…

A: Net asset value of the mutual fund = (Total assets - total liabilities) / no. of shares outstanding…

Q: A mutual fund has 1,774 shares of General Electric, currently trading at $22, and 1,581 shares of…

A: The NAV of mutual fund is calculated as assets divided by the number of units

Q: b. Healthy Foods Mutual Fund has total assets of $80,000,000 and total liabilities of 12,000,000,…

A: Answer and calculations are given below

Q: An investor is considering two mutual funds. Fund A has a 5.75 percent front-end load and a 1.25…

A: An investment fund is a managed fund that collects capital funds from individual investors and…

Q: You are given the the information below on a mutual fund. What is the arithmetic average? Year 1…

A: A compound average return on stock each year is known as the 1-year return of that stock.

Q: A mutual fund has a portfolio worth $3.2 million consisting of 50,000 shares of company "A" at a…

A: In finance, the term "portfolio" represents a collection of different investment securities such as…

Q: Suppose that at the beginning of 2004 you invested $10,000 in the Stivers mutual fund and $5000 in…

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Q: An investor purchases a mutual fund for $60. The fund pays dividends of $1.20, distributes a capital…

A: A mutual fund is a company that pools money from many investors and invests the money in securities.

Q: Acme Mutual Fund Company offers a high- yield fund with two investment classes. The fund charges a…

A: Here, Details of Class A shares is as follows: Front End Load is 3% 12b-1 fee is 0.25% Management…

Q: You have a mutual fund with $100 million worth of total assets which is calculated at the end of the…

A: Net Assets Value: It is generally computed to identify the potential investment opportunities within…

Q: The following information applies to Old Blues Advisors, a hedge fund: $288 million in assets under…

A: Data Given:: AUM as of prior -year-end                                    $288 million Current year…

Q: You invested in the​ no-load Best Mutual Fund one year ago by purchasing 900 shares of the fund at…

A: Purchase price (NAV0) = $19.44 Dividend (D) = $1.88 Capital gain (C) = $2.12 NAV at the end of year…

Q: Richard invested $750,000 in a hedge fund with a 2/20 fee structure. The fund had a total of $15…

A: Richard will pay his share of the performance fee based on the profits realized by the fund after…

Q: You pay $22,200 to the Laramie Fund, which has a NAV of $22 per share at the beginning of the year.…

A: Given, Investment = $22,200 NAV = $22 per share Front end load =4% Increase in value of securities…

Q: Consider the following trading and performance data for four different equity mutual funds:…

A: Part (a)Portfolio turnover ratio =  Last year's security sale / Asset under management.Please see…

Q: If there were a 3​% load on this​ fund, what would your rate of return​ be?

A: Annual percentage rate (APR) or rate of return refers to the simple rate of interest which is…

Q: The Damon Investment Company manages a mutual fund composed mostly of speculative stocks. You…

A:

Q: Consider a mutual fund with $200 million in assets at the start of the year and 10 million shares…

A: Given information in question Mutual fund worth                  =          $200 million Outstanding…

Q: What is net asset value at the start and end of the year? What is the rate of return for an investor…

A: Net asset value at the starting = asset at beginning /outstanding shares = 200million/10million = 20…

Q: Find the following for the indicated mutual fund when the given number of shares is bought and sold…

A: Return refers to the ratio of total return and shares purchase price. Total return refers to the…

Q: Suppose that at the start of the year, a no-load mutual fund has a net asset value of $27.65 per…

A: Return % before tax = capital gains/purchase NAV Capital gains = year end NAV - purchase NAV Return…

Q: A year ago, an investor bought 200 shares of a mutual fund at $7.58 per share. This year, the fund…

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Q: what is the load fee as a percentage of the net asset value? Round your answer to two decimal…

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Q: Suppose you own a mutual fund which has 13,000,000 shares outstanding. If its total assets are…

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Q: Find the following for the indicated mutual fund when the given number of shares is bought and sold…

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Q: A mutual fund has total assets of $30,000,000 and total liabilities of $100,000. There are 4,500,000…

A: Information Provided: Total assets = $30,000,000 Total liabilities = $100,000 Shares outstanding =…

Q: Five years​ ago, you invested in the Future Investco Mutual Fund by purchasing 1,300shares of the…

A: Purchase amount = 1300*17.05 = 22165 Purchase amount after load = 22165*(1+1%) = 22386.65   Sale…

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A: Net Asset Value of Mutual fund = (total assets - total liabilities) / shares outstanding

Q: You invested in the​ no-load Best Mutual Fund one year ago by purchasing 900 shares of the fund at…

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Q: The Wildwood Fund sells Class A shares with a front-end load of 3.5% and annual operating expenses…

A: Question is based on the concept of Mutual fund

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A: GIVEN, ASSET = $44,000,000 LIABILITES= $7000,000 SHARES = 11,000,000

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A: Under stock market, there are numerous types of investment one can have. These investments can be…

Q: Twelve months ago, you purchased the shares of a no-load mutual fund for $22.35 per share. The fund…

A: Given in the question, The purchase price of the share =  $22.35 per share  Cash dividends = $0.70…