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A year ago. the Really Big Growth Fund was being quoted at an NAV of $20.94 and an offer price of $22.04. Today, it's being
A year ago. the Really Big Growth Fund was being quoted at an NAV of $20.94 and an offer price of $22.04. Today, it's being quoted at $22.73 (NAV) and $23.93 (offer). What is the holding period return on this load fund, given that it was purchased a year ago and that its dividends and capital gains distributions over the year have totaled $1.74 per share? Assume that none of the dividends and capital gains distributions are reinvested into the fund. The holding period return on this load fund is squarebox %. (Round to two decimal places.) Three years ago. you invested in the Future Investco Mutual Fund by purchasing 1.000 shares of the fund at the price of $19.05 per share. Because you did not need the income, you elected to reinvest all dividends and capital gains distributions. Today, you sell your 1.250 shares in this fund for $23.85 per share. If there were a 2% load on this fund, what would your rate of return be? The compounded rate of return on this investment over the three-year period is squarebox % (Round to two decimal places)
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