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7. You purchased $10,000 worth of Chans Midcap Value Fund at $23.5 NAV. The fund is a no load fund. During the past 12 month,

7. You purchased $10,000 worth of Chans Midcap Value Fund at $23.5 NAV. The fund is a no load fund. During the past 12 month, the fund distributed $0.45 in dividends and the current NAV is $25.35. What is your return last year?
8. High Growth Fund has a front load of 5% and expected return of 13.5%. Normal Fund has no load. And expected return of 12.7%. Which fund would you hold if you expect to hold the fund for 5 years?
9. You purchased 500 shares of The New Century Fund at NAV of $23.56 last year. The fund distributed $4.35 in dividends at the end of the year and the current NAV is $21.78. What is the adjusted closing price of your purchase?
10. A front load fund has 5% load and NAV of $18.9. What is the adjusted NAV it will be selling for?

please answer each part of the question. I will leave a good review

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