Question

You purchased shares of a mutual fund at a price of $20 per share at the beginning of the

year and paid a front-end load of 6.0%. If the securities in which the fund invested

increased in value by 10% during the year, and the fund's expense ratio was 1.5%, your

return if you sold the fund at the end of the year would be

a. 1.99%

b. 2.32%

c. 1.65%

d. 2.06%

e. None of the options are correct

Answer #1

64. You purchased shares of a mutual fund at a price of $20 per
share at the beginning of the year and paid a front-end load of
5.75%. If the securities in which the fund invested increased in
value by 11% during the year, and the fund's expense ratio was
1.25%, your return if you sold the fund at the end of the year
would be
A. 4.33%.
B. 3.44%.
C. 2.45%.
D. 6.87%.
{[$20 × 0.9425 × (1.11 –...

You purchased shares of a mutual fund at an offering price of
$95 per share at the beginning of the year and paid a front–end
load of 3.50%. If the securities in which the fund invested
increased in value by 12.25% during the year, and the fund’s
expense ratio was 1.25%, what is your rate of return if you sold
the fund at the end of the year?

You purchased 2,400 shares of the New Fund at a price of $30 per
share at the beginning of the year. You paid a front-end load of
4%. The securities in which the fund invests increase in value by
13% during the year. The fund's expense ratio is 2.6%. What is your
rate of return on the fund if you sell your shares at the end of
the year? (Do not round intermediate calculations. Round
your answer to 2 decimal...

You purchased 500 shares of the Select Fund at a price of $30
per share at the beginning of the year. You paid a front-end load
of 2%. The securities in which the fund invests increase in value
by 15% during the year. The fund’s expense ratio is 1.5%. What is
your rate of return on the fund if you sell your shares at the end
of the year? Give your answer as a percentage (omit percent
sign).

you invested $2000 in a mutual fund with a front- end load of
5.75% at the beginning of 2005. If the securities in which the fund
invested increased in value by 11% and 5%, respectively for 2005
and 2006. the fund's expense ratio was constant at 1.25%. what is
your total return if you sold your shares of the fund at the end of
2006?

You purchased 500 shares of the New Fund at a price of $30 per
share at the beginning of the year. You paid a front-end load of
3%. The securities in which the fund invests increase in value by
15% during the year. The fund’s expense ratio is 1%. What is your
rate of return on the fund if you sell your shares at the end of
the year?
(Hints: (i) the offering
price was above $30; (ii) calculate expenses...

1.You invested $2000 in a mutual fund with a front-end load of
5.75% at the beginning of 2005. If the securities in which the fund
invested increased in value by 11% and 5%, respectively for 2005
and 2006. The fund's expense ratio was constant at 1.25%. What is
your total return if you sold your shares of the fund at the end of
2006?
2.ABC company’s stock is currently selling at $100 per share.
You have $12,000 in your pocket...

A. You have $21,000 to invest. You could purchase shares in one
mutual fund or try to diversify on your own. From your investment
class you learn that you need to hold at least 25 different
securities in an equal weighted portfolio to achieve a reasonably
well diversified portfolio. If you pay an average commission of 3%
of the dollar value of the stock you buy you will have to pay
______ in commissions per stock for a total commission...

You pay $21,600 to the Laramie Fund at the beginning of the
year. The fund deducted a front-end load of 2%. The securities in
the fund increased in value by 9% annually. The fund's expense
ratio is 1.2% and is deducted from year-end asset values. The
back-end load fees start at 5% and fall by 1% for each full year
the investor holds the fund (until the fifth year). What
is the value of the fund if you sell your fund...

You invested in the? no-load OhYes Mutual Fund one year ago by
purchasing 600 shares of the fund at the net asset value of ?$
24.51 per share. The fund distributed dividends of ?$2.11 and
capital gains of ?$1.58. ?Today, the NAV is ?$26.20. If OhYes was a
load fund with a 3.5?% ?front-end load, what would be the? HPR?

ADVERTISEMENT

Get Answers For Free

Most questions answered within 1 hours.

ADVERTISEMENT

asked 5 minutes ago

asked 15 minutes ago

asked 15 minutes ago

asked 22 minutes ago

asked 1 hour ago

asked 1 hour ago

asked 2 hours ago

asked 2 hours ago

asked 2 hours ago

asked 2 hours ago

asked 2 hours ago

asked 3 hours ago