A year ago, an investor bought 400 shares of a mutual fund at $7.51 per share....

Transcribed Image Text:

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.)

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