3. On July 15, 2015, shares in the Oppenheimer Main Street Midcap Fund A were selling for...
Question:
3. On July 15, 2015, shares in the Oppenheimer Main Street Midcap Fund A were selling for $30.15 per share. Using the internet or a newspaper, determine the current price for a share of this fund. Based on this information, would your investment have been profitable? (Hint: The symbol for this fund is OPMSX.)This chapter stressed the importance of evaluating potential investments. Now it is your turn to try your skill at evaluating a potential investment in the Oppenheimer Main Street Midcap Fund A. Assume you could invest $10,000 in shares of this fund. To help you evaluate this potential investment, carefully examine Exhibit 13–5, which reproduces the Value Line research report for the Oppenheimer Main Street Midcap Fund A.
Step by Step Answer:
Focus On Personal Finance
ISBN: 9781259919657
6th Edition
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart