Hi,

Please assist with the following:

1)

Calculate the net asset value(NAV) for a mutual fund with the followingvalues:

Market value of securities held in the portfolio

= $3.2 billion

Liabilities of the fund

= $110 million

Shares outstanding

= 177 million

2)

Zap Fund is the mainstay of your portfolio. The investment company just announced itsyear-end distributions. Thelong-term capital gain per share is $5.17 and the dividend per share is $2.43. Assuming the NAV increased from $45.46 to $56.71, during theyear, calculate your total annual return.

3)

At the beginning of last year Thomas purchased 400 shares of the Web.com Fund at an NAV of $33.03 and automatically reinvested all distributions. As a result ofreinvesting, Thomas ended the year with 491 shares of the fund with an NAV of $36.22. What was his total return for the year on thisinvestment?