Question: Problem 2: Investments 30 marks) 1.2016 until Dec. 31, Amber i mutual fund CTsN)every month starting Jan. capital gains are not 2016. Below is $250
Problem 2: Investments 30 marks) 1.2016 until Dec. 31, Amber i mutual fund CTsN)every month starting Jan. capital gains are not 2016. Below is $250 in shares ofa dividends and below. reinvested the list of transactions on her account. Assume that the questions and the income directly. Use the table to answer Gains she receives NAV Dividends Paid Out Capital Realized 01-01-2016 2016 03-01-2016 04-01-2016 SI/share S. 55/share 05-01-2016 515 06-01-2016 07-01-2016 08-01-2016 TSI 237share 3.61/share i 08 31 2016 10-01-2016 11-01-2016 12-01-2016 3.06 share S. 44/share 12-31 2016 a. How many shares did she buy in total? (5 marks) b. What was the average cost of her shares at the end of 2016
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
