1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zalisa [80]
3 years ago
6

The XYZ Fund had NAV per share of $17.50 on January 1, 2016. On December 31 of the same year, the fund's NAV was $19.47. Income

distributions were $0.75, and the fund had capital gain distributions of $1.00. Without considering taxes and transaction costs, what rate of return did an investor receive on the XYZ Fund last year?
Business
1 answer:
STatiana [176]3 years ago
8 0

Answer:

21.26%

Explanation:

Calculation for the Rate of return that the

investor receive on the XYZ Fund last year

Using this formula

Rate of return =Current value - original value +Income distributions+ Capital gain distributions) / original value) x 100

Where,

Current value =$19.47

Original value =$17.50

Income distributions=$0.75

Capital gain distributions=$1.00

Let plug in the formula

Rate of return($19.47 - $17.50 + $0.75 + $1.00)/$17.50

Rate of return =($1.97+0.75+$1.00)/$17.50

Rate of return=$3.72/$17.50

Rate of return =0.2126*100

Rate of return =21.26%

Therefore the rate of return that did investor receive on the XYZ Fund last year will be 21.26%

You might be interested in
Suppose you hit a 0.058-kgkg tennis ball so that the ball then moves with an acceleration of 10 m/s2m/s2. If you were to hit a b
daser333 [38]

Answer:

1 m/s2

Explanation:

The force on a body ( which is a pull or push) is given by the formula

F = Ma

where F is the force, a is the acceleration and M the mass of the body

Therefore, given that the same force is applied to both bodies,

0.058 × 10 = 0.58 × a

a = 0.058 × 10/0.58

a = 1  m/s2

The acceleration of the basketball will be 1 m/s2.

8 0
4 years ago
About 13 to 16 guests out of every 100 are purposefully out to scam us and get something for free.
Oxana [17]

Answer:

Find attached complete question with the multiple choices:

The correct answer is false

Explanation:

The statement implies that in an hospitality business,13% to 16% of the guests checked in, in order to be served for free.

Hospitality business sector prouds itself in having clients that have taste and want value for money,this is evident in their ability to make payments for hotel reservations prior to arrival,as a result ,it would be out of place to say 13% to 16% of such individuals want free service.

Everyone knows that such luxury of service comes at a premium price,it is not in anyway similar to buying a course online where to some extent you enjoy a free service(freemium) and expected to pay for any service above the minimum.

All in all,hospitality is pay as you go.

Download xlsx
7 0
3 years ago
Curvilinear costs always increase: a. When management performs break-even analysis. b. When volume increases, but at a nonconsta
Ilia_Sergeevich [38]

Answer:

The correct option is : b. When volume increases, but at a nonconstant rate.

Explanation:

Curvilinear costs is a type of expense that <u>does not increase at a constant rate with the production volume.</u> It tends to have a sudden increase at low production volumes, then remains constant in the middle and then increases at high production volumes.

The curvilinear costs does not increase linearly with the production. Therefore, curvilinear cost is also called a nonlinear cost.

<u>Therefore, curvilinear costs always increase at a nonconstant rate with the increase in the production volume.</u>

6 0
3 years ago
Donovan and Keith both work as line employees at the Widget Corporation plant. They are both big fans of the San Francisco Forty
Bezzdna [24]

Answer:

Social companionship

Explanation:

Social companionship is a type of friendship or relationship between individuals who share similar likes and benefit from each other as they feel a sense of closeness doing things they like together. Donovan and Keith, who share some similarities and likes between each other, provide social companionship to each other as they hang out together as fans of a club.

6 0
3 years ago
A supermarket places its store brand of blackberry jam priced at $5 per jar in the fruit preserves aisle, alongside the jam jars
soldier1979 [14.2K]
Raising the prices of their jam after people start buying it because they will want that jam no matter the price if they even relize it has gotten more expensive
6 0
3 years ago
Other questions:
  • Bill wants to increase his herd of cattle on his farm. Right now, he his herd numbers around 100, and he has 100 acres of his fa
    15·1 answer
  • Assuming a FICA tax rate of 7.65% on the first $127,200 in wages, 1.45% on amounts in excess of $127,200, and a federal income t
    14·1 answer
  • 19. Regarding alternate backup sites, which of the following is a low-cost site?
    5·1 answer
  • Which of the choices is an example of offshore outsourcing?
    5·2 answers
  • How to report nominal logistic regression in papers?
    8·1 answer
  • how does money solve the problem of double coincidence of wants? explain with an example of your own.​
    10·1 answer
  • ___ are the criteria the firm uses to screen credit applicants in order to determine which of its customers should be offered cr
    10·1 answer
  • Most people in the United States were not expecting the stock market to crash.
    14·1 answer
  • Your company manufactures and sells tennis rackets and would like to start selling outside the United States. You are in charge
    5·1 answer
  • Last year, you purchased a stock at a price of $64.00 a share. Over the course of the year, you received $2.20 per share in divi
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!