8. Mutual Funds: a. Mention specific benefits for small investors when they invest in mutual funds....
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8. Mutual Funds: a. Mention specific benefits for small investors when they invest in mutual funds. (1.50 points) b. Dhaka Mutual Fund has 10 million shares issued to its investors. It used the proceeds to buy stocks of 100 different firms listed on the DSE. Consider the following information for today: (i) total market value of shares = Tk500 million, (ii) dividends received = Tk20 million, and (iii) Expenses incurred = Tk10 million. Ignoring transaction costs, at what price can investors purchase shares or can sell shares back to the mutual fund? (1 point) 8. Mutual Funds: a. Mention specific benefits for small investors when they invest in mutual funds. (1.50 points) b. Dhaka Mutual Fund has 10 million shares issued to its investors. It used the proceeds to buy stocks of 100 different firms listed on the DSE. Consider the following information for today: (i) total market value of shares = Tk500 million, (ii) dividends received = Tk20 million, and (iii) Expenses incurred = Tk10 million. Ignoring transaction costs, at what price can investors purchase shares or can sell shares back to the mutual fund? (1 point)
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Part a Advantages of Mutual Funds There are many reasons why investors choose to invest in mutual fu... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
Posted Date:
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