An investor purchases a mutual fund share for $ 100. The fund pays dividends of $ 3, distributes a capital gain of $ 4, and charges a fee of $ 2 when the fund is sold one year later for $ 105. What is the net rate of return from this investment?
Answer to relevant QuestionsOpen-end Fund A has 165 shares of ATT valued at $ 35 each and 50 shares of Toro valued at $ 45 each. Closed-end Fund B has 75 shares of ATT and 100 shares of Toro. Both funds have 1,000 shares outstanding. a. What is the NAV ...Describe the difference between an insured pension fund and a noninsured pension fund. What type of financial institutions would administer each of these?Describe the different pension funds sponsored by the federal government?An employer uses a final pay formula to determine retirement payouts to its employees. The annual payout is 3 percent of the average salary over the employees’ last three years of service times the total years employed. ...In the 1980s, much thrift that failed had made loans to oil companies located in Louisiana, Texas, and Oklahoma. When oil prices fell, these companies the regional economy, and the thrifts all experienced financial problems. ...
Post your question