Answer the following questions, assuming that the mutual fund quote below is one that you found...
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Answer the following questions, assuming that the mutual fund quote below is one that you found online today. Complete parts (a) through (c) below. A certain Limited-Term Tax-Exempt Fund (CMLTX) 1-Day Return 0.0% 1-Day Net Change $0.00 Total Returns (%) 3, 5 and 10 year returns are annualized. NAV. $9.73 YTD 1-Yr 5-Yr 10-Yr Fund 2.92% 3.86% 3.53% 3.34% a. Suppose you invest $4000 in this fund today. How many shares will you buy? shares (Round to two decimal places as needed.) b. Suppose you had invested $4000 in this fund 5 years ago. How much would your investment be worth now? (Round to two decimal places as needed.) c. Suppose you had invested $4000 in this fund 10 years ago. How much would your investment be worth now? Answer the following questions, assuming that the mutual fund quote below is one that you found online today. Complete parts (a) through (c) below. A certain Limited-Term Tax-Exempt Fund (CMLTX) 1-Day Return 0.0% 1-Day Net Change $0.00 Total Returns (%) 3, 5 and 10 year returns are annualized. NAV. $9.73 YTD 1-Yr 5-Yr 10-Yr Fund 2.92% 3.86% 3.53% 3.34% a. Suppose you invest $4000 in this fund today. How many shares will you buy? shares (Round to two decimal places as needed.) b. Suppose you had invested $4000 in this fund 5 years ago. How much would your investment be worth now? (Round to two decimal places as needed.) c. Suppose you had invested $4000 in this fund 10 years ago. How much would your investment be worth now?
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Related Book For
Financial Accounting A User Perspective
ISBN: 978-0470676608
6th Canadian Edition
Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry
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