Mutual fund returns

Assignment Help Financial Management
Reference no: EM131022041

Mutual Fund Returns (LO2, CFA1) You invested $10000 in a mutual fund at the beginning of the year when the NAV was $32.24.

At the end of the year the fund paid $.24 in short - term distributions and $.41 in long - term distributions. if the NAV of the fund at the end of the year was $ 35.23, what was your return for the year ?

Reference no: EM131022041

Questions Cloud

What evidence was used to demonstrate the defense : Explain the nature and types of defenses used in the cases and what evidence was used to demonstrate the defense.
Calculate the total future value of the account : Suppose you can afford to invest $1000 at the beginning of each month in hopes to save for retirement at the age of 65. For both the annual rates r = 3.2% and r = 8.05%, compounded monthly: Calculate the total future value of the account when you are..
Prepare powerpoint that break down amazons inventory control : Prepare a powerpoint thats breaks down Amazon's. Inventory Control and Materials Management: Logistics (IT) Management System.
Affect blood streaming leading to death : Which air pollution can affect blood streaming leading to death?
Mutual fund returns : Mutual Fund Returns (LO2, CFA1) You invested $10000 in a mutual fund at the beginning of the year when the NAV was $32.24. At the end of the year the fund paid $.24 in short - term distributions and $.41 in long - term distributions. if the NAV of th..
Calculate the missing amounts for each firm : Calculate the missing amounts for each firm.
The investment characteristics of amortizing securities : Two portfolio managers are discussing the investment characteristics of amortizing securities. Manger A believes that the advantage of these securities relative to nonamortizing securities is that because the periodic cash flows include principle rep..
Who are your existing and potential customers : Who are your existing and potential customers (target market)? What are the needs of your target market, as identified through market research?
Difference between an arrest warrant and a search warrant : Why do you think a search warrant requires probable cause that the items to be seized are in the location to be searched, but an arrest warrant does not have the same requirement?

Reviews

Write a Review

Financial Management Questions & Answers

  What is your return assuming no dividends are paid

Suppose the call money rate is 6.8 percent, and you pay a spread of 1.9 percent over that. You buy 1,100 shares at $55 per share with an initial margin of 40 percent. One year later, the stock is selling for $61 per share, and you close out your posi..

  Calculate the net present value of the system

The CPA practice of Knape, Knape & Knape is considering investing in a complete small business computer system. The initial investment will be $70,000. The computer is in the 5-year MACRS category, and the firm's tax rate is 43%. Calculate the net af..

  What is the payback period for the project

Suppose Palmer Properties is considering investing $2.6 million today (i.e., C0 = -2,600,000) on a new project that is expected to last for 7 years. What is the payback period for the project? Show your work. What is the net present value of the proj..

  What is the yield to maturity of the bond

A bond sells for $921.10 and has a coupon rate of 7.40 percent. If the bond has 19 years until maturity, what is the yield to maturity of the bond?

  Discuss the following topic should trade restrictions be

discuss the following topic should trade restrictions be used to influence human rights issues? for many years human

  Invested in savings account with nominal interest rate

Money is invested in a savings account with a nominal interest rate of 2.4% convertible monthly for three years. The rate of inflation is 1.5% for the first year, 2.8% for the second year, and 3.4% for the third year. Find the percentage of purchasin..

  Calculate the payback period for this project

Pappy’s Potato has come up with a new product, the Potato Pet (they are freeze-dried to last longer). Pappy’s paid $131,000 for a marketing survey to determine the viability of the product. It is felt that Potato Pet will generate sales of $586,000 p..

  Make an investment decision

Summarize additional information on Procter and Gamble that a potential investor would need to know to make an investment decision. Other than what the company sells and its history. Use credible business sources.

  The future value of these investment cash flows

Trigen Corp. management will invest cash flows of $1,238,006, $1,143,422, $1,487,955, $818,400, $1,239,644, and $1,617,848 in research and development over the next six years. If the appropriate interest rate is 8.12 percent, what is the future value..

  What is the after-tax cost of capital for debt financing

Great Seneca Inc. sells $100 million worth of 29-year to maturity 10.59% annual coupon bonds. The net proceeds (proceeds after flotation costs) are $980 for each $1,000 bond. The firm's marginal tax rate is 30%. What is the after-tax cost of capital ..

  Compute the discounted payback period for a project

Compute the discounted payback period for a project with the following cash flows, if the company's discount rate is 12%.

  What is the present value of the tax shield

Assume a world with corporate tax rate of 50% and no personal taxes. Company U has no debt, an operating income of $48m, a return on equity %20, and 3m shares outstanding. Company U decides to borrow $60m at and interest rate of 10% and use the proce..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd