If a mutual fund's net asset value is $23.90 and the fund sells its shares for $25.50, what is the load fee as a percentage of the net asset value? Round your answer to two decimal places.   %

Q: If an investor buys shares in a no-load mutual fund for $30 and after nine years the shares…

A: Percentage return = ( Current price - Purchase price ) / Purchase price

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

A: The term mutual fund refers to the process of polling of money from different investors, and then…

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: What is the total gain of the company if the mutual fund’s net asset value is at P30 and the fund…

A: The process where a large amount of money is received from various interested investors, Once the…

Q: Consider an open-end mutual fund with 2 million shares outstanding, liabilities of $5 million, and…

A: Net Asset Value= Market Value of Assets - Liabilities

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 own a mutual fund valued at $37 per share. It has a gross return of 5.5% and an expense ratio of…

A:

Q: You purchased 1,000 shares of the New Fund at a price of $20 per share at the beginning of the year.…

A: Given information in question: - Number of share purchase              =          1000 Front end…

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: Mutual funds charge their clients an “expense ratio” for managing yourfunds. A 1.5% annual expense…

A: The future value is the future worth of cash flow at a certain rate of interest after a certain…

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 total assets of $35,000,000 $5,000,000. There are 1,200,000 shares and total…

A: Total assets = $35,000,000 Total liabilities = $ 5,000,000 Number of shares = 1,200,00

Q: A mutual fund has assets of $50 million, liabilities of $150000 million and 1 million shares what is…

A: NAV FORMULA: NAV=asset - liabiltiesnumber of outstanding shares

Q: A mutual fund has an offer price of $14.06. If you invested a lump sum of $18,000, how many shares…

A: Offer price is $14.06 Invested lumpsum amount is $18,000 To Find: Number of shares Purchased

Q: You have $15,000 to invest in a mutual fund. You choose a fund with a 3.5 percent front load, a 1.75…

A: The net annual rate of return is providing information that with the security investment, what…

Q: A mutual fund had NAV per share of $23.00 on January 1, 2016. On December 31 of the same year, the…

A: Return = (Ending NAV - Opening NAV + Income distribution + Capital gain distribution) / Opening NAV…

Q: A mutual fund has total assets of $50,000,000 and total liabilities of $5,000,000. There are…

A: Here, Total Assets is $50,000,000 Total Liabilities is $5,000,000 Shares Outstanding is 1,900,000…

Q: Find the net asset value of the mutual fund.

A: Net assets value (NAV) is defined as the per-share value of total assets less liabilities. The…

Q: mutual fund has an offer price of $14.06. If you invested a lump sum of $14,000, how many shares did…

A: Offer price = $14.06 Investment = $14000

Q: A mutual fund has an offer price of $14.04. If you invested a lump sum of $14,000, how many shares…

A: In this question we need to calculate the number of shares purchased.

Q: 6. Suppose that at the start of the year, a no-load mutual fund has a net asset value of $27.15 per…

A: a. The starting NAV per share is $27.15. The ending NAV per share is $30.34. Thus, capital gain per…

Q: You purchased 1,000 shares of the New fund at a price of GHS20 per share at the beginning of the…

A:

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: An investor buys shares in a mutual fund for $21. At the end of the year the fund distributes a…

A: The return on investment would be considered the value from the investment made by investors. The…

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 purchase a mutual fund at an offer price of $11.77 per share. If the net asset value is $11.28,…

A: Mutual fund is the fund that includes small amounts from a large number of investors, which is then…

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: You purchase a mutual fund at an offer price of $15.79 per share. If the net asset value is $15.28,…

A: Sales change percentage = 3.23 %

Q: Suppose that at the beginning of 2004 you invested $l0,000 in the Stivers mutual fund and $5000 in…

A: The value of each investment during the each year is given below:

Q: If an investor buys shares in a no-load mutual fund for $40 and after eight years the shares…

A: The application of interest to a principal balance of a debt is known as compound interest.

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

A: The question is based on the concept of business finance

Q: A mutual fund has an offer price of $14.02. If you invested a lump sum of $16,000, how many shares…

A: Mutual fund is kind of scheme or service through which many investors can invest their amount in…

Q: An investor purchases a mutual fund for $50. The fund pays dividends of $1.50, distributes a capital…

A: The net rate of return is the total income earned from an investment after costs such as taxes,…

Q: Calculate the total cost (in $), proceeds (in $), total gain (or loss) (in $), and return on…

A: The total cost refers to the price at which the investment is available to the traders. Proceeds…

Q: An investor buys shares in a mutual fund for $22. At the end of the year the fund distributes a…

A: Percentage return on the investment is dividend plus capital gain divided by purchased price.

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

A: Mutual Funds Corporation charges load fees when investors buy shares from the funds. Load fee is the…

Q: A mutual fund has total assets of P680M and total liabilities of P38M. If the company has 545,000…

A: Net assets of mutual fund = Total assets - Total liabilities = 680M - 38M = 642M

Q: NAV

A: Formula to calculate premium or discount as a % of NAV is: Premium = (Price - NAV)/NAV To calculate…

Q: A mutual fund has total assets of 40,000,000 and total liabilities of 5,000,000. There are…

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…

A: Given That: Opening NAV= $19.44 per share Closing NAV=​$21.36 per share Dividend=$1.88 Capital Gain=…

Q: An investor buys shares in a mutual fund for $22. At the end of the year the fund distributes a…

A: Buying price =22  Dividend =0.57 Later price of shares =24.04

Q: A mutual fund has 150 shares of Apple Computer trading at $170 per share, 100 shares of Tesla…

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…

Q: Calculate the total cost (in $), proceeds (in $), total gain (or loss) (in $), and return on…

A: Investors invest in mutual funds to earn a return on the investments. It is good for investors who…

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

A: Buying Price = $20 Dividend =$0.67 Closing NAV =$24.57