You buy stock on margin in your brokerage account when it is trading at $31.25 per share. You have $3500 in equity (cash) in your account and buy 195 shares. Your broker makes a margin loan so you can pay the difference at an annual rate of 0.0725 One year later the stock price is 23.76 What is the paper profit or loss on the trade as a percentage? 0.3968 0.4710 0.4291 0.3825 0.4496 A fund starts the year with NAV 65 per share. Over the year, the fund pays out income of 5 per share and capital gains distributions of 4 per share. Assets in the portfolio grew (shrank) by 0.165, and an expense ratio of 0.013 is charged at the end of the year. What is the rate of return on the fund? (Hint: calculate NAV1 first) \begin{tabular}{l} 0.2883 \\ \hline 0.3419 \\ \hline 0.3363 \\ \hline 0.3142 \\ \hline 0.3034 \end{tabular} A municipal bond has a coupon rate of 0.0725 and is trading at par. What is the equivalent taxable yield for a corporate bond with similar risk if the investor is in the 0.4 tax bracket? 0.1208 0.1145 0.1362 0.1334 0.1262 You buy stock on margin in your brokerage account when it is trading at $31.25 per share. You have $3500 in equity (cash) in your account and buy 195 shares. Your broker makes a margin loan so you can pay the difference at an annual rate of 0.0725 One year later the stock price is 23.76 What is the paper profit or loss on the trade as a percentage? 0.3968 0.4710 0.4291 0.3825 0.4496 A fund starts the year with NAV 65 per share. Over the year, the fund pays out income of 5 per share and capital gains distributions of 4 per share. Assets in the portfolio grew (shrank) by 0.165, and an expense ratio of 0.013 is charged at the end of the year. What is the rate of return on the fund? (Hint: calculate NAV1 first) \begin{tabular}{l} 0.2883 \\ \hline 0.3419 \\ \hline 0.3363 \\ \hline 0.3142 \\ \hline 0.3034 \end{tabular} A municipal bond has a coupon rate of 0.0725 and is trading at par. What is the equivalent taxable yield for a corporate bond with similar risk if the investor is in the 0.4 tax bracket? 0.1208 0.1145 0.1362 0.1334 0.1262