1. What would the price of the following mutual fund be? It holds assets of $421,607,000 It...
Question:
1. What would the price of the following mutual fund be?
It holds assets of $421,607,000
It has a liabilities percentage of .55%
It has 985,213 shares
2. What would the price of the following mutual fund be?
It holds assets of $607,421,000
It has a liabilities percentage of .29%
It has 598,312 shares
3. If you invest $500 into a mutual fund with a front load of 3.1% how much of your money is going toward the investment and how much is going to the commission? 48. If a fund has an expense ratio of .6% and you invest $5000 that grows into $5500, how much of that $5500 will you actually keep?
4. From #3, what would your actual rate of return be (earnings/initial investment) expressed as a percentage?
5. If a fund has an expense ratio of 1.6% and you invest $5000 that grows into $5500, how much of that $5500 will you actually keep?
6. From #5, what would your actual rate of return be (earnings/initial investment) expressed as a percentage?
Operations Management in the Supply Chain Decisions and Cases
ISBN: 978-0073525242
6th edition
Authors: Roger Schroeder, M. Johnny Rungtusanatham, Susan Goldstein