You are given the the information below on a mutual fund. What is the arithmetic average? Year 1 Asset under management at start of year (millions of $) 100.00 Year 2 116.00 -15.00 98.60 21.00 77.60 Year 4 52.17 6.00 49.04 52.17 0.00 Year 3 77.60 Holding-Period Retum (% per year) 21.00 Asset under management before flows (millions of $) 121.00 -5.00 Asset under management at end of year (millions of $) 116.00 -7.00 72.17 Net inflows (in millions of $) -20.00 52.17 O-1.75% -0.51% O-2.88% -3.17%

You are given the the information below on a mutual fund. What is the arithmetic average? Year 1 Asset under management at start of year (millions of $) 100.00 Year 2 116.00 -15.00 98.60 21.00 77.60 Year 4 52.17 6.00 49.04 52.17 0.00 Year 3 77.60 Holding-Period Retum (% per year) 21.00 Asset under management before flows (millions of $) 121.00 -5.00 Asset under management at end of year (millions of $) 116.00 -7.00 72.17 Net inflows (in millions of $) -20.00 52.17 O-1.75% -0.51% O-2.88% -3.17%

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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1. The balance of a mutual fund on January 1, 2021 is 1,000. The following table includes all cash flow information over the one-year period ending on December 31, 2021: isak) sopbudiyrove to bae ad te (X Date (0) X aysq Value of fund immediately Cash flow zamil prior to the cash flow 1,200 1,500 1,100 200 -500 200 March 31, 2021 June 30, 2021 September 30, 2021 The balance of the mutual fund on December 31, 2021, is X. The annual effective time weighted rate of return 20.888%. Using a simple interest approximation, determine the dollar weighted rate of return.
Suppose that you initially invested $10,000 in the Stivers mutual fund and $5,000 in theTrippi mutual fund. The value of each investment at the end of each subsequent year isprovided in the table:Year Stivers ($) Trippi ($)1 11,000 5,6002 12,000 6,3003 13,000 6,9004 14,000 7,6005 15,000 8,5006 16,000 9,2007 17,000 9,9008 18,000 10,600Which of the two mutual funds performed better over this time period?
Calculate the sales charge (in $) and sales charge percent for the mutual fund. (Round percents to one decimal place.) Fund OfferPrice Net AssetValue SalesCharge SalesCharge % Northstar A: MuFl A $13.45 $12.83
The information in the table applies to the day of investment in a mutual fund. Find (a) the net asset value and (b) the number of shares purchased. What is the net asset value? $ (Round to the nearest cent.) Amount Invested Total Fund Assets Total Fund Liabilities Total Shares Outstanding $7400 $665 million $32 million 50 million
Analyze the following three years of data relating to the MoMoney Mutual Fund, . It should report the amount of dividend income and capital gains distributed to the shareholders, along with any other changes in the fund's net asset value (b = 0.5). (Click the icon here ☐ in order to copy the contents of the data table below into a spreadsheet.) 2019 2018 NAV (beginning of period) ? ? 2017 $35.56 Net investment income 0.64 0.74 0.56 Net gains on securities 5.48 4.52 - 3.41 Dividends from net investment income 0.64 0.56 Distributions from realized gains 1.61 1.96 0.51 1.44 a. What is the total income from the investment operations? b. What are the total distributions from the investment operations? a. The total income from investment operations in 2019 is $ The total income from investment operations in 2018 is $ (Round to the nearest cent.) (Round to the nearest cent.) (Round to the nearest cent.) The total income from investment operations in 2017 is $ b. The total distributions from…
Calculate the sales charge (in $) and sales charge percent for the mutual fund. (Round percents to one decimal place.) Sales Charge Offer Net Asset Sales Fund Price Value Charge % Northstar A: MUFI A $13.65 $12.83 $ 0.82 X %
K The information in the table applies to the day of investment in a mutual fund. Find (a) the net asset value and (b) the number of shares purchased. What is the net asset value? $ (Round to the nearest cent.) How many shares were purchased? (Round to the nearest whole number.) Amount Invested Total Fund Assets Total Fund Liabilities Total Shares Outstanding $4000 $908 million $48 million 80 million
15)Consider the following data on two mutual funds: Fund A Fund B Total net assets (assets less Liabilities) at beginning of year ¢ 1,000,000 ¢ 1,000,000 Number of shares outstanding at 100,000 100,000 beginning of year Annual operating expenses ¢ 10,000 ¢ 12,000 Value of securities sold during year ¢ 500, 000 ¢ 800,000 Value of securities purchased during ¢ 400,000 ¢ 900,000 year Brokerage fees for the year ¢ 9,000 ¢ 17,000 Number of shares outstanding at 110,000…
1. A mutual fund company has the following assets and liabilities (31/12/2019): Equities at market value 160,000,000 Bonds at market value 60,000,000 Cash 40,000,000 Total value assets 260,000,000 Liabilities 30,000,000 Market value of funds 23,000,0000 Number of share outstanding 6,000,0000 a. Determine the NAV of this fundb. By the end of June 2020, the value of the equity stock fell 30% and the value of the bonds rose 10%. At the same time the value of the fund´sliabilities rose by 10%. The cash position and the number of shares outstanding remained unchanged. Calculate the new NAV?
Question 1) 401K where m= | + BCE) =d (), 12.t m-1 la) Mutual fund is earning an APR of 9%. (r=.09). What monthly deposit d is needed for a balance 'of 2million dollars in 40years? Show work. b) Assume uour mutual fund is eaning an APR of 107. (r=10). What monthly deposit d is needed for a balance of 2million dollars in 4Ouears? C) Assume your mutual fund is earning an APR of 11% (F=.l1). What monthly deposit is needed for a balance of 2million dollars in 40uears?
Compute the net asset value for a share of a mutual fund with the following characteristics: Market value of assets: Market value of liabilities: Number of shares outstanding: $26.07 $23.66 O $24.41 $22.76 25.04 $177,000,000 $12,000,000 7,250,000
20)Corporate fund started the year with a net asset value of GHS12.25. By year-end, its NAV equaled GHS12.10. The fund paid year-end distributions of income and capital gains of GHS1.50. What was the (pretax) rate of return to an investor in the fund?

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