9-Three years ago, you invested in the Future Investco Mutual Fund by purchasing 600shares of the fund at a net asset value of $ 20.24 per share.

P12.9-Three years​ ago, you invested in the Future Investco Mutual Fund by purchasing 600shares of the fund at a net asset value of  $ 20.24 per share. Because you did not need the​ income, you elected to reinvest all dividends and capital gains distributions.​ Today, you sell your 750 shares in this fund for  ​$22.87 per share. What is the compounded rate of return on this investment over the​ three-year period?

P12.10-Three years​ ago, you invested in the Future Investco Mutual Fund by purchasing  500 shares of the fund at the price of $ 20.28 per share. Because you did not need the​ income, you elected to reinvest all dividends and capital gains distributions. ​ Today, you sell your 600 shares in this fund for ​$23.57 per share. If there were a  1 ​%  load on this​ fund, what would your rate of return​ be?

P12.11-You invested in the​ no-load OhYes Mutual Fund one year ago by purchasing 800 shares of the fund at the net asset value of ​$24.19 per share. The fund distributed dividends of ​$1.67 and capital gains of  ​$1.59 .  ​Today, the NAV is ​$25.96. What was your holding period​ return?

Order the answer to view it

Place this order or similar order and get an amazing discount. USE Discount code “GET20” for 20% discount

 

Posted in Uncategorized