Suppose that at the beginning of 2004 you invested $l0,000 in the Stivers mutual fund and $5000 in the Trippi mutual fund. The value of each investment at the end of each subsequent year is provided in the table below. Which mutual fund performed better?   Year Stivers Trippi 2004 11,000 5,600 2005 12,000 6,300 2006 13,000 6,900 2007 14,000 7,600 2008 15,000 8,500 2009 16,000 9,200 2010 17,000 9,900 2011 18,000 10,600

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

A: Net Asset Value shows the market value per share of the mutual fund. It is most commonly used in the…

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: 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: Suppose money invested in a hedge fund earns 1% per trading day. There are 250 trading days per…

A: Given data; Return on investment = 1% Number of trading days = 250 investment amount = $100

Q: Bendix Mutual Fund Grew At a rate of 6.58% APR compounded daily. Over the same period ACME Mutual…

A: It refers to the annual rate of interest charged to the investors of the bonds, mutual funds, and…

Q: An investor purchases a mutual fund share for $100.2. The fund pays dividends of $2.2, distributes a…

A: Purchase price (P0) = $ 100.2 Dividend (D) = $ 2.2 Capital gain (CG) = $ 1.1 Fees charges (F) = $ 3…

Q: ver the past 3 years, your stock fund earned returns of 10%, -8%, and 12

A: Solution:- Average annual compound rate means the average of the returns earned in the various…

Q: Yamaha Growth Fund has an expense ratio of 1.83%. If you invest $55,000 in this fund, what is the…

A: Expense ratio is the percentage of the fund’s asset which is used for administrative and operating…

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: Now imagine that you bought a mutual fund that had a beginning NAV of $10 per share. It paid…

A: NAV refers to the net asset value of the mutual fund. Given that;Beginning NAV is $10Dividends paid…

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: 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: You are going to invest in a stock mutual fund with a front-end load of 4.5 percent and an expense…

A: Calculation of annual returns:Answer:The annual returns at 2 year and at 8th year is 6.08% and…

Q: Suppose that you initially invested $10,000 in the Stivers mutual fund and $5,000 in theTrippi…

A: Holding Period Return = (Value at end - Investment)/Investment Holding Period Return =…

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: Over the past 3 years, your stock fund earned returns of 10%, -8%, and 12%.  If you initially put…

A: Solution:- When an amount is invested somewhere, it earns interest on it. The amount invested…

Q: The New Fund had average daily assets of $3.9 billion last year. The fund sold $540 million worth of…

A: Turn over ratio is the ratio of total fund sold to average daily assets. It is used to calculate the…

Q: A good stock-based mutual fund should earn at least 7% per year over a long period of time. Consider…

A: 1982 investment = $37,500 2007 investment = $150,000 Interest rate = 7%  Time period = 2007 - 1982 =…

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: If an investor buys shares in a no-load mutual fund for $33 and after eight years the shares…

A: Mutual funds refer to one type of financial vehicle that pools money from many investors and invests…

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: Suppose that Morningstar reports that a mutual fund has earned an alpha of 2.0% per year on average…

A: Market efficiency refers to how effectively current prices represent all accessible, relevant…

Q: Suppose money invested in a hedge fund earns 1% per trading day. There are 250 trading days per…

A: Annual rate of return refers to the return earned on an investment in a year. Annual rate of return…

Q: Peter has $30,000 to invest in a mutual fund whose annuai returns are normally distributed with a…

A: Total amount is $30000 Mean is 5.93% Standard deviation is 3.55%

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

A: Calculation of net asset value of the fund as follows under:-

Q: Suppose you own a mutual fund which has 19,000,000 shares outstanding. If its total assets are…

A: Given: Shares outstanding = 19,000,000 Total assets = $36,000,000 Liabilities = $5,000,000

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: As a wealthy individual investor, you are planning to invest your $2 million in a fund of funds…

A: Fund of funds: It is a pooled fund that invests in other funds.

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: What was its turnover ratio?

A: A turnover ratio represents the quantity of property or liabilities that a business enterprise…

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: The New Fund had average daily assets of Php2.2 billion in the past year. The fund sold Php400…

A: Turnover ratio = Total Stock sold / Total stock held

Q: A good stock-based mutual fund should earn at least 10% per year over a long period of time.…

A: Mutual Fund It is a professional managed fund which pools money from different investors and invest…

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: The New Fund had average daily assets of $3.2 billion in the past year.  The fund sold $500 million…

A: a.Given,Average Daily Assets = $3,200,000,000Fund Sold = $500,000,000a.Given,Average Daily Assets =…

Q: A good stock-based mutual fund should earn at least 10% per year over a long period of time.…

A: Mutual Fund is a professionally managed fund made up of a pool of money collected from many…

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

A: Net asset value of the fund is the value of each unit in the fund. It is calculated by dividing the…

Q: Suppose you invest $5,000 into a mutual fund that is expected to earn a rate of return of 7%. The…

A: Mutual Fund is an investment option where large number of investors put their investment amount…

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: Suppose you own a mutual fund which has 19,000,000 shares outstanding. If its total assets are…

A: Net asset value (NAV) is the value of net assets of the company. The net assets value is determined…

Q: An investor has at most $10,000 to invest in government bonds, mutual funds, and money market funds.…

A: A government bond is a debt security issued by government bodies to raise long-term debt funds. A…

Q: The following table shows the average returns for some of the largest mutual funds commonly found in…

A: A concept that implies the future worth of the money is lower than its current value due to several…

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: 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