This topic contains a solution. Click here to go to the answer

Author Question: What would be the return on a $1000 investment in a mutual fund whose NAV is $20? The fund has a 3 ... (Read 81 times)

EY67

  • Hero Member
  • *****
  • Posts: 531
What would be the return on a $1000 investment in a mutual fund whose NAV is $20? The fund has a 3 percent front-end load and, during the holding period, $400 of fund distributions are reinvested at a NAV of $25 (no load applied to reinvestment). The fund is ultimately sold at a NAV of $24. (Round to the nearest tenth of a percent.)


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by EY67 on Nov 11, 2019

Anton

  • Sr. Member
  • ****
  • Posts: 302
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly




EY67

  • Member
  • Posts: 531
Reply 2 on: Nov 11, 2019
Excellent


lkanara2

  • Member
  • Posts: 329
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

For a complete list of videos, visit our video library