User Account

All Pages

What is rate of return on the fund

Assignment Help Finance Basics
Reference no: EM132442068

You purchased 1,000 shares of the New Fund at a price of $29 per share at the beginning of the year. You paid a front-end load of 3.4%. The securities in which the fund invests increase in value by 8% during the year. The fund's expense ratio is 1.4%.

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 places.)

Reference no: EM132442068

Questions Cloud

Difference between business risk and financial risk : What is the difference between business risk and financial risk? Explain some of the factors that contribute to each. How do these risks relate to total risk?
Why job satisfaction a particular challenge for front-line : Why is job satisfaction a particular challenge for front-line workers in these organizations?
Examine how Chaucer manages to convey criticism : Working with a single portrait in the General Prologue, examine how Chaucer manages to convey both criticism and praise in his description of individual pilgrim
What annual interest rate must they earn to reach goal : What annual interest rate must they earn to reach their goal, assuming they don't save any additional funds?
What is rate of return on the fund : What is your rate of return on the fund if you sell your shares at the end of the year?
Value of the short position : How high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position?
What are the general expectations for all members of team : What strategy will you use to ensure that all team members are contributing and collaborating appropriately? Describe the communication strategy you will use
Discuss modigliani and miller later models : Discuss Modigliani and Miller later models (1963) in which they relaxed the no-tax assumption and added corporate taxes.
Discuss Paradise Lost Vs Allegory of The Cave : Difference between the Paradise Lost Vs. Allegory of The Cave.Compare and contrast between the Paradise Lost Vs. Allegory of The Cave.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd