Dividends and capital gains distributions

Assignment Help Finance Basics
Reference no: EM133117261

Five years ago, you invested in the Future Investco Mutual Fund by purchasing 1, 100 shares of the fund at a net asset value of $18.61 per share. Because you did not need the income, you elected to reinvest all dividends and capital gains distributions. Today, you sell your 1,350 shares in this fund for $20.57 per share. What is the compounded rate of return on this investment over the five-year period? The compounded rate of return on this investment over the five-year period is %. (Round to two decimal places.)

Reference no: EM133117261

Questions Cloud

How much is the bond worth : Suppose a U.S. treasury bond will pay $2,500 five years from now. If the going interest rate on 5- year treasury bonds is 4.25%, how much is the bond worth toda
How much money will be in the account : How much money would you need to deposit today at 14.00% annual interest compounded monthly to have $17,192 in the account after 15 years?
Calculate the minimum reportable segment amount : Calculate the minimum reportable segment amount based on the revenue test. Calculate the minimum reportable segment amount based on the assets test
What impact does the amortization period have on : What impact does the amortization period have on:
Dividends and capital gains distributions : Five years ago, you invested in the Future Investco Mutual Fund by purchasing 1, 100 shares of the fund at a net asset value of $18.61 per share. Because you di
Annual rate of return : How many years would it take an investment of $509 to grow to $12,509 at an annual rate of return of 19.00%?
Primary goal of a publicly-owned firm : 2) The primary goal of a publicly-owned firm interested in serving its stockholders should be to
Which of these cash flow streams has higher present value : Which of these cash flow streams has the higher present value if the discount rate is 2%? If the discount rate is 12%? Explain your answer
Provide recommendations on how to monitor and review : Provide recommendations on how to monitor and review the risks identified and Create a scenario for both where the risk has escalated in likelihood

Reviews

Write a Review

Finance Basics Questions & Answers

  Assignment on partners case

Suppose different hospitals within Partner's system choose different mixes of the "risk-free" STP and baseline LTP, whose future expected returns and risks

  How much money will be in the account after three years

Suppose you deposit $801.00 today, $528.00 in one year, and $929.00 in two years in an account that pays an annual rate of interest of 18.06%.

  How might customer relationships be sources of value

How might customer relationships be sources of value? What metrics might be particularly important in assessing your organization's customer capital

  What information does a prospectus provide

Closed-End Fund Quotations. Where can an investor find price quotations for closed-end and open-end funds? What information will be provided in a quotation for open-end funds? What information will be provided in a quotation for closed-end funds?

  What is the average monthly return

Average Return The past five monthly returns for PG Company are 2.05 percent, -3.1 percent, 5.05 percent, 4.6 percent, and 2.8 percent. What is the average monthly return?

  What is project discounted payback

What is this project's discounted payback?

  Halliday inc receives a 2 million payment once a year of

1. which of the following would cause average inventory holdings to decrease other things held constant?a. the purchase

  The following ratios are available for bachus inc and

the following ratios are available for bachus inc. and newton inc.currentratiodebt toassets ratioearningsper

  Find the profitability index

Mary Bighair is considering investing in a beauty salon that will cost her $18,000. The after-tax cash flows on the investment should be about $4,000 per year f

  What is the profitability index

What is the Profitability Index (PI) of this project if the required rate is 18%?

  Compute the price of the stock

Compute the price of the stock (P0). (Do not round intermediate calculations. Round your answer to 2 decimal places.)

  Summarize market expectations about future interest rates

Review a recent issue of The Wall Street Journal and then summarize the market's expectations about future interest rates

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