Question
You've uncovered the following per-share information about a certain mutual fund: 201420152016 Ending share prices: Offer46.0362.6859.52 NAV43.7359.5556.54 Dividend income2.452.342.47 Capital gains distribution1.736.634.67 Beginning share prices:
You've uncovered the following per-share information about a certain mutual fund:
201420152016
Ending share prices:
Offer46.0362.6859.52
NAV43.7359.5556.54
Dividend income2.452.342.47
Capital gains distribution1.736.634.67
Beginning share prices:
Offer52.8146.0362.68
NAV50.1743.7359.55
On the basis of this information, find the fund's holding period returns for 2014 , 2015 , and 2016 .
The fund's HPR for 2014 is. (Round to two decimal places.)
The fund's HPR for 2015 is. (Round to two decimal places.)
The fund's HPR for 2016 is. (Round to two decimal places.)
The fund's average annual compound rate of return over the three-year period, 2014 dash2016 is %. (Round to two decimal places.)
If the investor had initially bought 500 shares of the fund and reinvested both dividends and capital gains distributions into additional shares of the fund at an average price of $51.50 per share, the holding period return is %. (Round to two decimal places.)
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