Question
Problem #2. Calculate the total cost, proceeds, total gain (or loss), and return on investment for the given mutual fund. The offer price is the
Problem #2. Calculate the total cost, proceeds, total gain (or loss), and return on investment for the given mutual fund. The offer price is the purchase price of the shares, and the net asset value is the price at which the shares were later sold. Show your work. Shares Offer Price Total Cost Net Asset Value Proceeds Per Share Dividends Total Gain (or Loss) Return on Investment % 300 $10.35 ? $12.95 ? .76 ? ? Problem #3. Find the total proceeds from the sale of 15 bonds with a coupon rate of 8.25 and a current price of 92.465. The commission charge is $5.00 per bond. The date of the transaction is 145 days since the last interest payment. Show your work.
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