Question

Material: Rational Functions At the start of a 6-hour trading day, Mutual Fund A sells for $30/share. The price decrease...

Material: Rational Functions

At the start of a 6-hour trading day, Mutual Fund A sells for $30/share. The price decreases at a constant rate, ending the day at $18/share. During the day, you purchase the fund continuously at a constant rate of $1,000/hour. Determine the average price at which you purchased the fund. First determine the differential number of shares (dS) you purchase during a time period of (dt) hours.

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Total trading ousRsdo al t gi share oli puting these wala tn er{ (J)

Add a comment
Know the answer?
Add Answer to:
Material: Rational Functions At the start of a 6-hour trading day, Mutual Fund A sells for $30/share. The price decrease...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Material: Rational Functions Between the speed of 50 miles/hour and 70 miles/hour, your gas mileage is a linear function...

    Material: Rational Functions Between the speed of 50 miles/hour and 70 miles/hour, your gas mileage is a linear function of the speed at which you drive. Your car gets 40 miles/gal at a speed of 50 miles/hr and 30 miles/gal at a speed of 70 miles/hr. During a one-hour time period, your speed increases from 50 miles/hour to 70 miles/hour at a constant rate. How many gallons of gas does your car burn during this period? First, determine the number...

  • You purchased shares of a mutual fund at an offering price of $95 per share at...

    You purchased shares of a mutual fund at an offering price of $95 per share at the beginning of the year and paid a front-end load of 4.25%. If the securities in which the fund invested increased in value by 9.75% during the year, and the fund's expense ratio was 1.90%, what is your rate of return if you sold the fund at the end of the year?  

  • QUESTION 9 Consider a mutual fund with 171 million dollars in assets at the start of the year, and 29 millon shares out...

    QUESTION 9 Consider a mutual fund with 171 million dollars in assets at the start of the year, and 29 millon shares outstanding. If the gross annual return last year was 13.4 percent, and the fund charges a total expense ratio of 1.7 percent of end-of-year value, what is the net return to investors? Enter answer in percents, accurate to two decimal places. QUESTION 10 A mutual fund has 389 million dollars in assets, 80 million in liabilities, and 20...

  • You purchased shares of a mutual fund at an offering price of $95 per share at...

    You purchased shares of a mutual fund at an offering price of $95 per share at the beginning of the year and paid a front–end load of 4.00%. If the securities in which the fund invested increased in value by 13.25% during the year, and the fund’s expense ratio was 1.50%, what is your rate of return if you sold the fund at the end of the year? Enter your answer rounded to two decimal places. The price of a...

  • hi..please help..so i took a test and i got all of it wrong and im not...

    hi..please help..so i took a test and i got all of it wrong and im not sure how to do this problems..this is Investment class..please explain every step because im going to study using this material.thank you Fall 2010 4. Compare and contrast open end ve closed-end mutual funds will sell as long you want to buy the share, management comparin thom to you, while closed end mutual funds Preferred stocks on any public traced securities such as cquity, bond...

  • Can someone help with #1, 2, 5, 6? OEDD DEODMUHDEVIVOR Exercises/Problems 1. Stockholders' Equity. The owners...

    Can someone help with #1, 2, 5, 6? OEDD DEODMUHDEVIVOR Exercises/Problems 1. Stockholders' Equity. The owners of a new venture have decided to organize as a corporation. The ini. tial equity investment is valued at $100,000, reflecting contributions of the entrepreneur and her family and friends. One hundred thousand shares of stock were initially issued. A. What dollar amount would initially be recorded in the common stock account? B. If a par value on the common stock were set at...

  • Can someone help with #5 & 6 please? Now assume that 20.000 dinal sh o cked...

    Can someone help with #5 & 6 please? Now assume that 20.000 dinal sh o cked to an angel investor a months after the initial incorporation Sh 5 per share o w your awwer in Part A would change of the com mon Mock did not have a vall a nwerin Part par value of 0.01 per share would change given At the end of the first year of S h ow dollar amounts in the common the w all...

  • FART I TRUE FALSE QUESTIONS (10 points). Please write True (1) or False (F) on the...

    FART I TRUE FALSE QUESTIONS (10 points). Please write True (1) or False (F) on the blank Scarcity is the intimited nature of society's resources given society's limited wants 2. A reward is a type of positive incentive. 3. To remove difficulty of double coincidence of wants we use money. 4. An exogenous factor is a variable that can be controlled for inside the model. 5. The PPF will not have a constant slope. 6. The law of demand states...

  • this is all the information given Personal Financial Planning Mini-Case Jeff and Mary Douglas, a couple...

    this is all the information given Personal Financial Planning Mini-Case Jeff and Mary Douglas, a couple in their mid-30s, have two children - Paul age 6 and Marcy age 7. The Douglas' do not have substantial assets and have not yet reached their peak earning years. Jeff is a general manager of a jewelry manufacturer in Providence, RI while Mary teaches at the local elementary school in the town of Tiverton, RI. The family needs both incomes to meet their...

  • Need help with comprehensive project (PLEASE MAKE SURE CHECK TOTALS ARE CORRECT) TIA!!! T- Accounts Adjusted...

    Need help with comprehensive project (PLEASE MAKE SURE CHECK TOTALS ARE CORRECT) TIA!!! T- Accounts Adjusted Trial Balance Income Statement Statement of Retained Earnings Balance Sheet Closing Entries Post-closing trial balance Read ALL instructions before getting started! ABC Corporation is a new company that buys and sells office supplies. Business began on January 1, 2016. Given on the first two tabs are ABC's 12/31/16 Unadjusted Trial Balance and a list of needed adjustments. 1. Make all 12 adjustments on the...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT