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Problem 1. 2 (page 454). The Western Capital Growth mutual fund has Total assets Total liabilities Total number of shares S 750,000,000 7,200,000 24,000.000 What
Problem 1. 2 (page 454). The Western Capital Growth mutual fund has Total assets Total liabilities Total number of shares S 750,000,000 7,200,000 24,000.000 What is the fund's net asset value (NAV)? (Round your answer to 2 decimal places.) Problem 2 13 (page 455). Assume that one year ago, you bought 100 shares of a mutual fund for $33 a share, you received a $0.55 per-share capital gain distribution during the past 12 months, and the market value of the fund is now $38 a share. a. Calculate the total return for your $3,300 investment. b. Calculate the percentage of total return for your $3,300 investment.(Round your answer to I decimal places.)
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