Question: pls ans all if not do not take thanks 2. Johnny has $25,000 in savings that he wishes to invest in the NCT Growth Fund.
pls ans all if not do not take thanks
2. Johnny has $25,000 in savings that he wishes to invest in the NCT Growth Fund. The fund has a 0% front-end load and a 4% back-end load. With the entire $25,000, he is able to buy 1,000 shares of the fund. What is the current NAV of the fund?
| $24 | ||
| $25 | ||
| $26 | ||
| None of the above |
3. The KDL Fund has a front-end load of 3%, a back-end load of 2% and an expense ratio of 1%. NAV of the fund at the beginning of the year (t=0) is $20. During the year, the fund paid out dividend distributions of $0.60 to investors. Assume the stocks in the KDL Fund went down by 10% during the year. What is the NAV at year end (at t=1)?
| $17.22 | ||
| $17.82 | ||
| $18.00 | ||
| $18.42 | ||
| None of the above |
4. The Winwin Growth Fund has a beginning-of-year NAV of $23. During the year, the assets of the fund grew by 5.5%. The fund has a 2.5% expense ratio and 0.5% 12b-1 fee. What is the end-of-year NAV of this fund?
| $23.54 | ||
| $23.66 | ||
| $25.35 | ||
| $24.27 | ||
| None of the above |
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