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Please help, will upvote A mutual fund has the following series of cash flows and recorded asset values. Period Cash Flow HPRs 0 Buy one
Please help, will upvote
A mutual fund has the following series of cash flows and recorded asset values. Period Cash Flow HPRs 0 Buy one share at $65 per share 1 Stock pays a dividend of $1 per share 1 Buy one more share at $70 ? 2 Stock pays a dividend of $1.15 per share 2 Buy two more shares at $75 ? 3 Stock pays a dividend of $1.25 per share 3 Sell entire position at $78 per share ? What is the time-weighted return of this mutual fund over this three year window of time? State your answer as a percentage with two decimal places not as a number in decimal form (i.e. 13.21 not.1321)
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