Answer:
4.23%
Explanation:
For computing the rate of return on the fund, we need to do following calculations
1. The fund after deducting the front-end load is
= $21,600 - $21,600 × 4%
= $21,600 - $864
= $20,736
2. Now number of bought is
= $20,736 ÷ $18 per share
= $1,152
3. The closed NAV is
= $18 + $18 × 10%
= $18 + $.8
= $19.8
4. So, the end year asset value is
= Closed NAV × number of shares bought
= $19.8 × 1,152
= $22,809.60
5. Now the year end investment value after considering the expense ratio is
= $22,809.60 × (1 - 1.3%)
= $22,513.0752
6. Now the rate of the return is
= ($22,513.0752 - $21,600) ÷ ($21,600)
= 4.23%
Answer:
18.36%
Explanation:
Calculation for the return on the investment?
Using this formula
Return on investment = Net profit/Cost of Investment
The first step is to find the net profit using this formula
Net profit =( Sales amount +Dividend)-Dividend Stock Fund Investment
Let plug in the formula
Net profit = ($68 + $0.65) - $58 =
Net profit= $68.65-$58
Net profit= $10.65
Now let calculate the return on investment
Using this formula
Return on investment = Net profit/Cost of Investment
Let plug in the formula
Return on investment=$10.65/58
Return on investment= 18.36%
Therefore the return on the investment will be 18.36%
Answer:
9.5%
Explanation:
we solve for the z value using
z = barX - μ/σ
= 0-0.08/σ
= p(x>0) = 0.80
1-0.80 = 0.20
0-0.08/σ = 0.20
using the z calculator we find the z score using a p value of 0.20
= -0.842
0-0.08/σ = -0.842
-0.08 = -0.842σ
Divide through by -0.842
0.08/0.842 = σ
0.095 = σ
The risk measured by the standard deviation at 80%= 9.5%
Thank you
A. You withdraw money from directly from the bank account they're connected with.
