A client has purchased 2 500 units of EDG fund at $4.00 per unit. She received 50.40 per unit in dividends over the year, which she reinvested at year-end, plus she purchased an additional 10 units. The NAVPS at the end of the year was $4.80. What would be the value of her holdings at the end of the year?

Answer rating: 100% (QA)

To calculate the value of the clients holdings at the end of the year we need to consider the initia... View the full answer