A year ago, the Really Big Growth Fund was being quoted at an NAV of $21.98 and an offer price of $22.90. Today, it's being quoted at $24.19 (NAV) and $25.20 (offer). What is the holding period return on this load fund, given that it was purchased a year ago and that its dividends and capital gains distributions over the year have totaled $1.63 per share? Assume that none of the dividends and capital gains distributions are reinvested into the fund. (Hint: You, as an investor, buy fund shares at the offer price and sell at the NAV.)
Answers: 2
Another question on Business
Business, 22.06.2019 06:00
If you miss two payments on a credit card what is generally the penalty
Answers: 1
Business, 22.06.2019 09:40
Henry crouch's law office has traditionally ordered ink refills 55 units at a time. the firm estimates that carrying cost is 35% of the $11 unit cost and that annual demand is about 240 units per year. the assumptions of the basic eoq model are thought to apply. for what value of ordering cost would its action be optimal? a) for what value of ordering cost would its action be optimal?
Answers: 2
Business, 22.06.2019 19:30
The owner of firewood to go is considering buying a hydraulic wood splitter which sells for $50,000. he figures it will cost an additional $100 per cord to purchase and split wood with this machine, while he can sell each cord of split wood for $125. if, for this machine, design capacity is 50 cords per day, effective capacity is 40 cords per day, and actual output is expected to be 32 cords per day, what would be its efficiency?
Answers: 1
Business, 23.06.2019 00:10
Wang distributors has an annual demand for an airport metal detector of 1 comma 350 units. the cost of a typical detector to wang is $400. carrying cost is estimated to be 19% of the unit cost, and the ordering cost is $24 per order. if ping wang, the owner, orders in quantities of 300 or more, he can get a 10% discount on the cost of the detectors. should wang take the quantity discount? \
Answers: 1
You know the right answer?
A year ago, the Really Big Growth Fund was being quoted at an NAV of $21.98 and an offer price of $2...
Questions
Biology, 23.10.2019 17:30
Physics, 23.10.2019 17:30
Mathematics, 23.10.2019 17:30
