What is the percentage increase in the nav

Assignment Help Finance Basics
Reference no: EM132412429

Man invested $1000 by buying 100 shares of Go Big or Go Home Mutual Fund, an aggressive growth no-load mutual fund. So far, the NAV for his investment has risen from $10 per share to $13.

What is the percentage increase in the NAV for this mutual fund?

If he redeemed the first 100 shares of his mutual fund investment for $13 per share, what would be his capital gain over the amount invested?

Reference no: EM132412429

Questions Cloud

Practical Allocation Project - MATLAB Programming : MGF 696 Practical Allocation Project - MATLAB Programming - Practical Asset Allocation. Create the fund's utility function by aggregating the scores
Calculate net profit on the option contract : Calculate your net profit on the option contract if Kimberly Clark's stock price falls to $30.00 and you exercise the option.
What is net profit on the option : What is your net profit on the option if UBR's stock price increases to $150 at expiration of the option and you exercise the option?
Design a matlab coding for the vibrational part : Design a matlab coding for the vibrational part (piezoelectric materail) works on high frequency and tharmal part (pyroelectric materail)
What is the percentage increase in the nav : What is the percentage increase in the NAV for this mutual fund?
Explain how learning about henrietta lacks story helped you : During Skloot and Deborah's meeting with Christoph Lengauer, Lengauer emphasizes the importance of Henrietta Lacks's contribution to science.
Calculate net profit on the option contract : Calculate your net profit on the option contract if J & K's stock price rises to $32 and you exercise the option.
What you might have done to prevent given from happening : Write a 525- to 700-word paper that identifies and evaluates the root cause for Medicare fraud in this case. Explain what you might have done to prevent.
Do you have a low tolerance for imbalance : Politics often asks us to support a candidate we don't always agree with, or only agree with a handful of their beliefs. Perhaps we like the candidate's.

Reviews

Write a Review

Finance Basics Questions & Answers

  Discuss the trade-off between risk and expected return

Discuss the trade-off between risk and expected return that a firm faces in the context of: Allowing net working capital to decline.

  Determining the effective interest rate

On August 1, 201, Colombo, Co's treasurer signed a note promising to pay $240,000 on December 31, 2010. Compute the effective interest rate (APR) on loan.

  Classify the decisions taken at the business management

List and classify the decisions taken at the business management level during the reorganization phase of the logistics system.

  What is the project npv if the discount rate is given

A proposed nuclear power plant will cost $2.3 bill... A proposed nuclear power plant will cost $2.3 billion to build (today) and then will produce cash flows of $310 million a year for 5 years (year 1 to year 5). It then must be decommissioned at ..

  Time lines cannot be constructed to deal with situations

1. which of the following statements is correct?a. some of the cash flows shown on a time line can be in the form of

  Level-payment mortgages

Compute the monthly payment on a 30-year level payment mortgage assuming an annual mortgage rate of 5% and an initial mortgage principal of $400,000.

  What is the portfolio expected return and the portfolio

1 use the following information to answer the questions below.securitynbspnbspnbspnbspnbsp

  Stated rate with semi-annual compounding

Assume you can invest money at a 10% stated rate with semi-annual compounding.

  What will be the effect on a firm inventories

What will be the effect on a firm's inventories if the following actions are taken: greater use of air freight both for purchases and shipments?

  Was groupon wise to turn down six billion dollar from google

Was Groupon wise to turn down $6 billion from Google? Could it really be worth $25 billion? Why do consumers love Groupon so much? Are Groupon campaigns good for merchants?

  Do facts alone constitute evidence against market efficiency

While Peter Lynch was the manager of Fidelity's Magellan fund family, these funds outperformed the S&P 500 in 11 out of 13 years, and in those years.

  The stock price of jenkins co is 5370 investors require a

the stock price of jenkins co. is 53.70. investors require a 15 percent rate of return on similar stocks. required if

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