Question: Mr.X on 1.7.2000, during the initial offer of some Mutual Fund invested in 10,000 units having face value of 10 for each unit. On 31.3.2001

 Mr.X on 1.7.2000, during the initial offer of some Mutual Fund

Mr.X on 1.7.2000, during the initial offer of some Mutual Fund invested in 10,000 units having face value of 10 for each unit. On 31.3.2001 the dividend operated by the M.F. was 10% and Mr.X found that his annualized yield was 153.33%. On 31.12.2002, 20% dividend was given. On 31.3.2003 Mr. X redeemed all his balance of 11,296.11 units when his annualized yield was 73.52%. What are the NAVs as on 31.3.2001, 31.12.2002 and 31.3.2003? (6 Marks)

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