Nathan fuller is buying shares in a mutual fund that invests in the same companies as those found in the s& p 500 and in roughly the same proportion. what type of mutual fund is he buying?

The uptowner just paid an annual dividend of $4.12. the company has a policy of increasing the dividend by 2.5 percent annually. you would like to purchase shares of stock in this firm but realize that you will not have the funds to do so for another four years. if you require a rate of return of 16.7 percent, how much will you be willing to pay per share when you can afford to make this investment?