Question: 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

8. Mutual Funds: a. Mention specific benefits for small investors when they

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)

Step by Step Solution

★★★★★

3.45 Rating (164 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Part a Advantages of Mutual Funds There are many reasons why investors choose to invest in mutual fu... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

A thin, homogeneous wire is bent to form the perimeter of the figure indicated. Locate the center of gravity of the wire figure thus formed. r= 150 mm r= 75 mm

At the end of its most recent fiscal period, the large appliance rental company mentioned in Practice Problem 19 had a working capital ratio of 4.3 percent and a current ratio of 18.2 percent....

During the last three years Abey Berhad Co has held 300,000 ordinary shares in Bamee Berhad. The issued share capital of Bamee Berhad is 1,000,000 shares totalling RM500,000. The finance director of...

Three years ago American Insulation Corporation issued 10 percent, $800,000, 10-year bonds for $770,000. Debt issue costs were $3,000. American Insulation exercised its call privilege and retired the...

I am unsure how to start this and how to fill out excel. Please help, question below. Question: Part 1 - Excel Sheet Prepare Ratios Ratios for National Beverage Corp. concerning liquidity, solvency,...

Part 1 - Excel Sheet Prepare Ratios Ratios for National Beverage Corp. concerning liquidity, solvency, profitability, DuPont, and stock performance as of April 30, 2016 and prior statement...

QUESTION: PLEASE DO 1 2 AND 3 CHAPTER 8 1. What types of property, plant, and equipment (PP&E) does the company own? Has the investment in PP&E increased or decreased during the period? 2. How much...

QUESTION: PLEASE DO 7 AND 8 7. Long-term liabilities? 8. What benchmarks (such as industry averages and S&P 500 averages etc.) did you use to evaluate the ratios for your company? How were they...

QUESTION: PLEASE ANSWER 1 AND 2 CHAPTER 10 1. What kinds of long term liabilities does the company report? Has there been any new long-term debt issued this year? 2. What are the stated interest...

technical resources, enables us to rapidly bring highly-valued customized solutions to our customers. History Modine was incorporated under the laws of the State of Wisconsin on June 23, 1916 by its...

Please answer 1 2 and 3 CHAPTER 8 1. What types of property, plant, and equipment (PP&E) does the company own? Has the investment in PP&E increased or decreased during the period? 2. How much...

In an electromagnetic wave in free space the root mean square value of the electric field is E = 6V/m. The peak value of the magnetic field is :- (a) 2.83 x 10 T rms (c) 4.23 x 108 T (b) 0.70 10 T...

Refer to the CVS annual report in the Supplement to Chapter 5 and to the following data (in millions) for Walgreens in 2008: net sales, $59,034; cost of sales, $42,391; total operating expenses,...

Question 5 . Let Q b e the solid ( s e e figure bellow ) bounded b y the parabolic cylinder x = y 2 and the planes x = z , z = 0 , and x = 1 . ( a ) Express the triple integral o f f ( x , y , z ) a...

Solve the given question y = [arccos(4x*)] 1.2 %3D 3X

Differentiate the following with respect to x: 1.1 y = argcoth (7x) In[sech (52*)]

Crane Company has issued three different bonds during 2020. Interest is payable annually on each of these bonds. 1. On January 1, 2020, 1,00o, 9%, 5-year, $1,000 bonds dated January 1, 2020, were...

A layer of 2.5 in thick firebrick (kb 1.0 Btu/hr ft F) is placed between two in.- thick steel plates (ks 30 Btu/hr ft F). The faces of the brick adjacent to the plates are rough, having...

The piston cylinder device (radius =10 cm) contains a liquid with a pressure 100 kpa and temperature of 20 C and has a liquid convection heat coefficient =93 W m K -. Connect its fixed side to a...

Leaders play a significant role by setting the example of high ___________ that is passed on to their subordinates. Question 10Answer a. Ethical standards b. Moral conduct c. Legal standards d....

Question 1 The Jumbo Group restaurant chain launched its initial public offering (IPO) in October 2015. As a financial analyst of Tiger Investment Fund, your boss has requested for you to brief her...

1 What are the main components of personal financial planning? Solve What is the purpose of a financial plan? Solve Identify some common actions taken to achieve financial goals. How does a job...

I need Chapter 2 & 3 finished. Chapter 4 & 5, Chapter 6 & 7, & Chapter 8. Some of this is completed, but it isn't 100% finished. Let me know if you can get to it. Personal Finance, Fifth Edition by...

The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...

Please help with the following questions related to the attached financial statements:...

Utilizing resoorces, complete a risk audit of Bank of Americas project to acquire Merrill Lynch. Ensure you address all 10 critical success factors. From the evidence of your audit, would you advise...