What is the expense ratio for marks mutual fund

Assignment Help Financial Management

Reference no: EM131301345

1. Expense Ratio. Mark owns a mutual fund with a NAV of $45.00 per share and expenses of $1.45 per share. What is the expense ratio for Mark's mutual fund?

2. Estimating Returns. Hope (from problem 1) later sells her shares in the mutual fund for $37 per share. What would her return be in problems 1 and 2?

Reference no: EM131301345

Questions Cloud

Describe the identified changes to the suppliers : Explain the identified changes to the suppliers in such a way that they will understand the standards that Apple requires in order to maintain their relationship with the company.

How many shares did she purchase : Hope invested $9,000 in a mutual fund when the price per share was $30. The fund has a load fee of $300. How many shares did she purchase?

Determine the routes : Unfortunately, the Dispatcher is down and Sharon is seeking your assistance in helping her set up an Excel spreadsheet to help her determine the routes.

What is the projects payback period and net present value : Project M has a cost of $65,125, expected net cash inflows of $13,000 per year for ten years, and a cost of capital of 11%. What is the project’s payback period? What is the project's net present value?

What is the expense ratio for marks mutual fund : Mark owns a mutual fund with a NAV of $45.00 per share and expenses of $1.45 per share. What is the expense ratio for Mark's mutual fund?

Execute the application from sdram : Display the elapsed time in the LCD display (or seven-segment displays) and stop the time display when a player wins the game (turns out all LEDs). Adjust the shift time delay for reasonable game play. Blink all of the LEDs when a player wins. If ..

What is hunter return from selling his shares in mutual fund : When Hunter purchased the shares, the NAV per share was $70. A year later, Hunter sold the shares at a NAV of $68 per share. What is Hunter's return from selling his shares in the mutual fund?

Regarding the change in the money : Under these circumstances, if the Fed buys a Treasury security worth $200 million from a bank, which of the following can be expected regarding the change in the money supply? Assume that the required reserve ratio is 10%, and that all currency is..

Reflect on what you learned about leadership from research : Reflect on what you learned about leadership from your research. Reflect on the implications for your personal leadership style.

User Account

All Pages