A year ago, an investor bought 400 shares of a mutual fund at $7.51 per share....
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A year ago, an investor bought 400 shares of a mutual fund at $7.51 per share. This year, the fund has paid dividends of S0.73 per share and had a capital gains distribution of $0.49 per share. a. Find the investor's holding period return, given that this no-load fund now has a net asset value of $8.26. b. Find the holding period return, assuming all the dividends and capital gains distributions are reinvested into additional shares of the fund at an average price of $7.93 per share. C... a. Given that this no-load fund now has a net asset value of $8.26, the investor's holding period return is 26.23 %. (Round to two decimal places.) b. Assuming all the dividends and capital gains distributions are reinvested into additional shares of the fund at an average price of $7.93 per share, the holding period return is%. (Round to two decimal places.) A year ago, an investor bought 400 shares of a mutual fund at $7.51 per share. This year, the fund has paid dividends of S0.73 per share and had a capital gains distribution of $0.49 per share. a. Find the investor's holding period return, given that this no-load fund now has a net asset value of $8.26. b. Find the holding period return, assuming all the dividends and capital gains distributions are reinvested into additional shares of the fund at an average price of $7.93 per share. C... a. Given that this no-load fund now has a net asset value of $8.26, the investor's holding period return is 26.23 %. (Round to two decimal places.) b. Assuming all the dividends and capital gains distributions are reinvested into additional shares of the fund at an average price of $7.93 per share, the holding period return is%. (Round to two decimal places.)
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Answer rating: 100% (QA)
To find the holding period return of the investor we can use the following formula Holding Period Re... View the full answer
Related Book For
Business Research Methods
ISBN: 978-0073521503
12th edition
Authors: Donald R. Cooper, Pamela S. Schindler
Posted Date:
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