You have $32,000 that you invested in two mutual funds last year. The first fund, the International Fund, paid the equivalent of 6% simple interest. The second fund, the Real Estate fund, paid 4.5% simple interest. If the total earned in that year was $1755, how much did you invest in each account. Find the solution using only one variable as we did in the examples this week. Be sure you assign your variables (2 points!), show your work for how you determined how much was in each fund, and in your sentence specify how much each fund received.
You have $32,000 that you invested in two mutual funds last year. The first fund, the...
Mutual Funds Juan had $20400 and chose to split the money into two different mutual funds. During the first year, Fund A earned 5% interest and Fund B earned 8% interest. If he received a total of $1242 in interest, how much had he invested into each account? Juan invested $ Juan invested $ into Fund A. into Fund B.
Mutual Fund Returns This year Shelly invested $32,000 in a mutual fund with a 2% front end load and estimated annual expenses of 1.69%. The fund's gross return is 7.0%. What is Shelly's first year return net of loads and expenses if expenses are calculated against ending NAV?
A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a bond fund, and the third is a T-bill money market fund that yields a sure rate of 5.0%. The probability distributions of the risky funds are: (Total 20 points) Expected Return of Market Standard Deviation Stock funds (S) 15% 32% Bond funds (B) 9% 23% The correlation between the fund returns is 0.15. a. Use the formula below to compute the...
6) (2 pts) At the end of 2014 you invested $5000 into a mutual fund. You invested another $3,000 into the mutual fund at the end of 2015. You did not invest any money in 2016 or 2017 and by the end of 2018, the mutual fund investment was worth $11,900. What was the dollar weighted average annual return on your investment? (2 pts) An investment had an average return of 15% and a standard deviation of 20% over the...
7) (2 pts) At the end of 2014 you invested $1000 into a mutual fund. You invested another $2,500 into the mutual fund at the end of 2015. You did not invest any money in 2016 and by the end of 2017, the mutual fund investment was worth $5,682. What was the dollar weighted average annual return on your investment? PM DIGI 2017 25000 5692 - 23.4% OOO
Your grandmother has invested $3000 in a mutual fund each year on your birthday (she made her first payment when you turned 1 year old). The mutual fund has grown at an annual interest rate of 6.8%. How much is your account worth on the day of your 21st birthday immediately after your grandmother’s deposit?
Your grandmother has invested $8000 in a mutual fund each year on your birthday (she made her first payment when you turned 1 year old). The mutual fund has grown at an annual interest rate of 6.8%. How much is your account worth on the day of your 21st birthday immediately after your grandmother’s deposit?
A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term government and corporate bond fund, and the third is a T-bill money market fund that yields a sure rate of 4.5%. The probability distributions of the risky funds are: Expected Return Standard Deviation Stock fund (S) 15 % 35 % Bond fund (B) 6 % 29 % The correlation between the fund returns is .0517. Suppose now that your portfolio...
Your grandmother has invested $10000 in a mutual fund each year on your birthday (she made her first payment when you turned 1 year old). The mutual fund has grown at an annual interest rate of 6.8%. How much is your account worth on the day of your 21st birthday immediately after your grandmother's deposit? Your Answer: Answer
You are an investment manager considering two mutual funds. The first is an equity fund and the second is a long- term corporate bond fund. It is possible to borrow or to lend limitless sums safely at 1.25%pa. The data on the risky funds are as follows: Fund Expected return Expected standard deviation Equity Fund 8% 16% Bond Fund 3% 5% The correlation coefficient between the fund returns is 0.10 a You form a risky portfolio P that is equally...