Question: please answer question 13 For questions 12-15: three years ago, you opened a retirement account with three holdings: Annual Initial Dividends Return Mutual Fund Investment
For questions 12-15: three years ago, you opened a retirement account with three holdings: Annual Initial Dividends Return Mutual Fund Investment Received In Year 1 UST Bond Fund $50,000 $1,500 +3% Corporate Bond Fund $75,000 $1,000 +5% US Equity Fund $100,000 $1,250 +15% 12 What was the value of your portfolio initially, three years ago? Return In Year 2 +2% 0% -7% Return In Year 3 +1% -1% +12% 13 What was the total annual income you received each year in the portfolio? 14 Assuming you spent all of the dividend income you received, then what is the value of the portfolio today? 15 What was the average annual return on your investment over the time period you held it (to two decimal places, xx.xx%)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
