Metro Fund had a cumulative total return of 150 percent over the past four years. If you invested $1,000 in the fund four years ago, how much is your investment worth today?
Answer to relevant QuestionsWhat roles do a fund's operating costs and portfolio turnover rate play in terms of fund evaluation? Explain. Helmut Bosh, a 22-year-old recent college graduate, has a low risk tolerance. He has signed up with his employer's 401(k) plan but has chosen to put all his money in an annuity guaranteeing a 5 percent annual return. ...Why is it important to insure your dwelling for at least 80 percent of its replacement cost? How does the coinsurance clause operate? While on her newspaper route, Jane's daughter tosses a paper through a subscriber's front window, causing $300 in damages. Might Jane be covered by her homeowner's insurance? Suppose you have $5,000 of health care expenses that are not covered by your basic health insurance. You have a major medical policy with $500 deductible and 20 percent coinsurance. What are your out-of-pocket expenses?
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