Question
1. Assume that one year ago you bought 160 shares of a mutual fund for $20 per share, you received a capital gain distribution of
1. Assume that one year ago you bought 160 shares of a mutual fund for $20 per share, you received a capital gain distribution of $1.05 per share during the past 12 months, and the market value of the fund is now $26. Calculate the total return for this investment if you were to sell it now.
| 2. Assume that one year ago you bought 220 shares of a mutual fund for $19 per share, you received a capital gain distribution of $0.95 per share during the past 12 months, and the market value of the fund is now $21, Calculate the percentage of total return for your $4,180 investment. |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Multifractal Detrended Analysis Method And Its Application In Financial Markets
Authors: Guangxi Cao, Ling-Yun He, Jie Cao
1st Edition
9811079153, 978-9811079153
