Question
You have been assigned one mutual fund and one principal protected note available for investment in Canada. The investments are: 1. Mutual fund: Fidelity Large
You have been assigned one mutual fund and one principal protected note available for investment in Canada. The investments are:
1. Mutual fund: Fidelity Large Cap Fund, Class a)What is the value of beta for this fund? If the benchmark index for this mutual fund increased by 11.00% during the period covered by the beta measure, what was the rate of return for this mutual fund during the same period?
b) On Jan 1, 2018, an investor purchased $30,000 of this fund on a DSC basis. This investor did not make any additional purchases and did not sell any units of this mutual fund until October 26, 2019. On that date, the investor sold $9,000 of this mutual fund. How much cash will the investor receive from the sale?
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