What was the rate of return to an investor in the fund

Assignment Help Finance Basics

Reference no: EM131962724

Question: Corporate Fund started the year with a net asset value of $16.50. By year-end, its NAV equaled $14.10. The fund paid year-end distributions of income and capital gains of $4.00.

What was the rate of return to an investor in the fund? (Round your answer to 2 decimal places.)

Reference no: EM131962724

Questions Cloud

Computing what is the company wacc : The company's 500,000 shares of common stock sell for $25 per share and have a beta of 1.5. The risk free rate is 4%, and the market return is 12%.

What is after-tax cost of debt : The before-tax cost of debt is 18.9 percent. What is the after-tax cost of debt if the tax rate is 49 percent??

Solving problem using capm approach : Corporation Y has a face debt value of $40 Million USDs trading at 92% with a pre-tax weighted cost of 8%. Corporation Y common equity for the year was valued.

Outstanding amount on adjustable rate loan : Assume you have a $150,000 outstanding amount on an adjustable rate loan from Provident Bank, which amortizes over 10 years.

What was the rate of return to an investor in the fund : Corporate Fund started the year with a net asset value of $16.50. By year-end, its NAV equaled $14.10. The fund paid year-end distributions of income.

What is the weight of preferred stock : what is the weight of preferred stock?

What is your value for the current share price now : Now suppose the company in part (a) actually pays its annual dividend in equal quarterly installments; thus, the company has just paid a dividend of $1.50.

Calculate the interest required using excel functions : What yearly interest rate do you need to secure in order to have $10,000 in 5 years. Calculate the interest required using Excel’s functions.

Calculate the net present value of the project : The correct opportunity cost for a project is determined to be 15% and the project is expected to generate $1 million in cash flows at the end of the next.

Reviews

Write a Review

Required(*) Message

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 ..

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

User Account

All Pages