Question
You invested $60,000 into a mutual fund last year when the NAV was $30/share. During the course of the year, the fund paid a $2.50/share,
You invested $60,000 into a mutual fund last year when the NAV was $30/share. During the course of the year, the fund paid a $2.50/share, which you fully reinvested into the fund at a price of $40/share. The NAV today is $28/share. Assume that the fund charged you a 2% back end load and a 2% front end load - find your HPR.
-.0844
-.0676
-.0476
-.0523
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Healthcare Finance An Introduction To Accounting And Financial Management
Authors: Louis C. Gapenski
2nd Edition
1567931650, 978-1567931655
