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On May 18, 2021, Parnassus Core Equity Fund has the following assets and prices at 4:00 PM. Stock Shares owned Price 2,000 6,000 $101.00 $73.00
On May 18, 2021, Parnassus Core Equity Fund has the following assets and prices at 4:00 PM. Stock Shares owned Price 2,000 6,000 $101.00 $73.00 $25.00 $21.00 5,000 12,000 Seagate Technology PLC Western Digital Corp. Carnival Corp. Norwegian Cruise Line Holdings Ltd. Royal Caribbean Group Fox Corp. Walt Disney Co. AmerisourceBergen Corp. 500 $89.00 13,000 $31.00 3,500 $165.00 $112.00 3,000 Question: The same investor decides to redeem all fund shares that he/she has bought on May 17, 2021 and submits an order to redeem before 4 PM on May 18. Assume that the fund also charges 1% back-end load. What is this investor's one-day rate of return? 0 -12.56% 0 -4.96% 0 -11.77% O 2.23% On May 18, 2021, Parnassus Core Equity Fund has the following assets and prices at 4:00 PM. Stock Shares owned Price 2,000 6,000 $101.00 $73.00 $25.00 $21.00 5,000 12,000 Seagate Technology PLC Western Digital Corp. Carnival Corp. Norwegian Cruise Line Holdings Ltd. Royal Caribbean Group Fox Corp. Walt Disney Co. AmerisourceBergen Corp. 500 $89.00 13,000 $31.00 3,500 $165.00 $112.00 3,000 Question: The same investor decides to redeem all fund shares that he/she has bought on May 17, 2021 and submits an order to redeem before 4 PM on May 18. Assume that the fund also charges 1% back-end load. What is this investor's one-day rate of return? 0 -12.56% 0 -4.96% 0 -11.77% O 2.23%
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