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PLEASE ANSWER QUESTION CORRECTLY Fuppose that at the start of the year, a no-losd mutual fund has a net asset value of $27.50 per share.

PLEASE ANSWER QUESTION CORRECTLY
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Fuppose that at the start of the year, a no-losd mutual fund has a net asset value of $27.50 per share. During the year, it pays its shareholders a capital gain and dividend eistribution of $1.52 per share and finishes the year with an NAV of $30.42. a. What is the return to an investor who holds 257.736 shares of this fund in his (nontaxable) retirement acceunt? Do not round intermediate calculations. Round your answer to two decimal places. b. What is the after-tax return for the same investor if these shares were held in an ordinary savings account? Assume that the imvestor is in the 30% tax bracket. Do not round intermediate calculations. Round your answer to two decimal ploces. c. If the investment company allowed the investor to automatically reinvest his cash eistribution in sdditional fund shares, how many additional shares could the investor acquire? Assume that the distribution occurred at year end and that the proceeds from the distribution can be reinvested at the year-end MaV. Do not round intermediate calculations. Round your answers to three decimal places. Nontaxable distribution: shares Taxable distribution: shares

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