You bought 100 shares of an open-end mutual fund one year ago at $10 a share. You received a $0.50 per share distribution six months ago when the fund's NAV was $12.50 a share. If the fund's NAV at the end of the year was $12 a share, calculate your rate of return on the fund for the year.
Answer to relevant QuestionsProvide a brief explanation of the following, indicating their advantages and disadvantages: a. Unit investment trust b. Exchange-traded fund c. Real estate investment trust d. Limited partnership e. Investment club 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? 1. Using the data below, calculate the rates of return for each fund for 2006 and 2007. Your figures for 2007 should agree with the values given in Case. Calculate the average rate of return for the two-year period for each ...Ruth had stopped for breakfast during a long morning drive to the ski slopes. While she was inside eating, someone broke into her car and made off with over $500 in ski equipment. What should she do? Under what policy might ...Why is it wise to review your auto policy before you rent a car?
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