If an investor buys shares in a no-load mutual fund for $39 and after eight years...
If an investor buys shares in a no-load mutual fund for $39 and after eight years the shares appreciate to $47, what is (1) the percentage return and (2) the annual compound rate of return using time value of money? Round your answers to two decimal places.
Percentage return: %
The annual compound rate of return: %
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If an investor buys shares in a no-load mutual fund for $39 and
after eight years...
If an investor buys shares in a no-load mutual fund for $33 and after five years...
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Suppose an individual invests $50,000 in a load mutual fund for two years. The load fee...
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Suppose an individual invests $40,000 in a load mutual fund for two years. The load fee...
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Twelve months ago, you purchased the shares of a no-load mutual fund for $22.25 per share....
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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.
Suppose that at the start of the year, no-load mutual fund has a net asset value of $27.80 per share. During the year, it pays its shareholders a capital gain and dividend distribution of $1.16 per share and finishes the year with an NAV of $30.18. a. What is the return to an investor who holds 258.156 shares of this fund his (nontaxable) retirement account? Do not round intermediate calculations. Round your answer to two decimal places. b. What is...
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