If you have an investment in a mutual fund, how can you determine the dollar value...
If you have an investment in a mutual fund, how can you determine the dollar value of your investment?
Group of answer choices
A)Divide the total value of the fund by the number of shares outstanding
B)Divide the total value of the fund by the number of shares you own
C)Multiply the number of shares you own by the net asset value of the fund
D)Multiply the number of shares you own by the net present value of the fund
Homework Answers
Investment Value = Net Assets Value of the Fund X Number of Shares You Own
Correct Answer C
Add Answer to:
If you have an investment in a mutual fund, how can you
determine the dollar value...
Five years ago, you purchased 220.80 shares of a mutual fund. Since then, you have reinvested...
Five years ago, you purchased 220.80 shares of a mutual fund. Since then, you have reinvested your fund dividends and acquired an additional 35.10 shares. The fund currently has an NAV of $37.60. The fund charges a contingent deferred sales charge of 5 percent for the first 2 years after which time the charge declines by 1 percent a year. How much money will you receive if you redeem all of your shares today? Group of answer choices $9,700.79 $9,510.18...
The net asset value of a certain mutual fund is $44. If the fund charges a...
The net asset value of a certain mutual fund is $44. If the fund charges a 6.5% load, how many shares will I own if I invest $5,380 in this fund?
Using the fund you selected, how much portfolio weights in the fund and the risk-free security...
Using the fund you selected, how much portfolio weights in the
fund and the risk-free security would be required to earn a target
return of 22%?
A. The fund weight is 98% and the risk-free asset weight is
2%
B. The fund weight is 50% and the risk-free asset weight is
50%
C. The fund weight is 102% and the risk-free asset weight is
-2%
D. The fund weight is 117% and the risk-free asset weight is
-17%
You currently...
A mutual fund’s net asset value is $39.30, but the fund charges a 3 percent load...
A mutual fund’s net asset value is $39.30, but the fund charges a 3 percent load fee (front- loaded) and an exit fee of 1 percent (if redeemed in 6 months) of net asset value. An individual client purchases 10 shares of the mutual fund on Jan 5 of year 20X1. During the year 20X1, the fund distributes $3.45 capital gain and $0.75 dividend income. The net asset value rises to $42.12 on Jan 5 of year 20X2 and the...
Twelve months ago, you purchased the shares of a no-load mutual fund for $22.25 per share....
Twelve months ago, you purchased the shares of a no-load mutual fund for $22.25 per share. The fund distributed cash dividends of $0.60 and capital gains of $1.60 per share. If the net asset value of the fund is currently $24.45, what was your annual return on the investment? Round your answer to two decimal places If the value of the shares had been $21.18, what would have been your annual return? Round your answer to two decimal places.
Assume you have $100,000 in savings. Pick a stock, bond, or mutual fund that you would...
Assume you have $100,000 in savings. Pick a stock, bond, or mutual fund that you would invest your money into. You can choose one investment or multiple. Share their current prices (value of stock/mutual fund/bond) as listed in the newspaper. *This information can be found online. What objectives do you have for this investment? Was it chosen to maximize short-term gains, long-term stability, or some other objective? Explain how each of the following economic events would affect the value of...
Term Answer Description A. Pooled diversification This term refers to the value of a mutual fund...
Term Answer Description A. Pooled diversification This term refers to the value of a mutual fund that is derived by deducting the fund's liabilities from the market value of the shares. Net asset value This is an investment asset usually real estate, bought with the goal of earning periodic income in the form of rent or lease. Tax exempt money fund This fund limits its investments to short-term, tax-exempt municipal securities. D. Automatic reinvestment plan This plan enables an investor...
You are provided with information on mutual fund performance. All Funds have an investment objective of...
You are provided with information on mutual fund performance. All Funds have an investment objective of outperforming the S&P 500 Index (symbol: SPX). None of the MFs distribute dividends to their investors. [Table 2] Mutual Fund Performance (Year 2019: 12/31/2018-12/31/2019) Average number of stocks in 2019 Price as of 12/31/2018 Price as of 12/31/2019 Annual risk (stdev) market risk () MF A 500 100 128 30% 1.00 MF B 125 100 130 30% 1.05 MF C 12 100 100 40%...
PLEASE HELP WITH ENTIRE EXERCISE A) You invested $50,000 in a mutual fund at the beginning...
PLEASE HELP WITH ENTIRE EXERCISE
A) You invested $50,000 in a mutual fund at the beginning of the
year when the NAV was $68.23. At the end of the year, the fund paid
$0.32 in short-term distributions and $0.49 in long-term
distributions. If the NAV of the fund at the end of the year was
$72.59, what was your return for the year?
B)
A closed-end fund has total assets of $510 million and liabilities of $290,000. Currently, 29 million...
An investor buys shares in a mutual fund for $21. At the end of the year...
An investor buys shares in a mutual fund for $21. At the end of the year the fund distributes a dividend of $0.53, and after the distribution the net asset value of a share is $24.81. What is the investor's percentage return on the investment? Round your answer to two decimal places.
Using the fund you selected, how much portfolio weights in the
fund and the risk-free security would be required to earn a target
return of 22%?
A. The fund weight is 98% and the risk-free asset weight is
2%
B. The fund weight is 50% and the risk-free asset weight is
50%
C. The fund weight is 102% and the risk-free asset weight is
-2%
D. The fund weight is 117% and the risk-free asset weight is
-17%
You currently...
Twelve months ago, you purchased the shares of a no-load mutual fund for $22.25 per share. The fund distributed cash dividends of $0.60 and capital gains of $1.60 per share. If the net asset value of the fund is currently $24.45, what was your annual return on the investment? Round your answer to two decimal places If the value of the shares had been $21.18, what would have been your annual return? Round your answer to two decimal places.
Term Answer Description A. Pooled diversification This term refers to the value of a mutual fund that is derived by deducting the fund's liabilities from the market value of the shares. Net asset value This is an investment asset usually real estate, bought with the goal of earning periodic income in the form of rent or lease. Tax exempt money fund This fund limits its investments to short-term, tax-exempt municipal securities. D. Automatic reinvestment plan This plan enables an investor...
PLEASE HELP WITH ENTIRE EXERCISE
A) You invested $50,000 in a mutual fund at the beginning of the
year when the NAV was $68.23. At the end of the year, the fund paid
$0.32 in short-term distributions and $0.49 in long-term
distributions. If the NAV of the fund at the end of the year was
$72.59, what was your return for the year?
B)
A closed-end fund has total assets of $510 million and liabilities of $290,000. Currently, 29 million...
Most questions answered within 3 hours.
-
While rotating the tires on your car you notice a rock [mass =
0.1 Kg] stuck...
asked 31 minutes ago -
Using MARS simulator, write MIPS programs according to
the following scenarios: Receive a positive integer number...
asked 2 hours ago -
An object in front of a concave mirror has a real image that is
11.5 cm...
asked 2 hours ago -
Consider the reaction, C3 H8 + O2 --> CO2 + H2O. How many
moles of O2...
asked 4 hours ago -
You and your opponent both roll a fair die. If you both roll the
same number,...
asked 4 hours ago -
In a study of the accuracy of fast food drive-through orders,
Restaurant A had 257 accurate...
asked 4 hours ago -
Identify and describe in detail the four categories of
institutions that could be included in a...
asked 4 hours ago -
In python
class Customer:
def __init__(self, customer_id, last_name, first_name, phone_number, address):
self._customer_id = int(customer_id)
self._last_name =...
asked 4 hours ago -
What is an example of a limitation in implementing a new
ERP system and how it...
asked 4 hours ago -
In a section of 9.7cm of an artery with a radius of 2.6mm there
is a...
asked 4 hours ago -
the two carboxylic acid groups of aspartic acid have different
acidities with pKa values of 2.1...
asked 4 hours ago -
Would CuCO3 aqueous salt combined with calcium chloride
form a solid precipitate? If so, what would...
asked 4 hours ago