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
Murrr4er [49]
3 years ago
13

Consider a no-load mutual fund with $350 million in assets and 14 million shares at the start of the year and with $400 million

in assets and 15 million shares at the end of the year. During the year investors have received income distributions of $2 per share and capital gain distributions of $0.25 per share. Assuming that the fund carries no debt, and that the total expense ratio is 1%, what is the rate of return on the fund?
Business
1 answer:
Natalka [10]3 years ago
4 0

Answer:

14.6 %

Explanation:

Net assets value par share at the beginning of the year = $350 million / 14 million = $ 25

expense ratio = 1% = 0.01

Net assets value per share at the end of the year = ($ 400  - ( $ 400 × 0.01)) million / 15 million = $ 26.4

rate of return on fund = ( $ 26.4 - $25 + $ 2 + $ 0.25) / $ 25 × 100 = 14.6 %

You might be interested in
You and a friend decide to spend​ $100 each on concert tickets. Each of you alternatively could have spent the​ $100 to purchase
Rus_ich [418]

Answer:

The opportunity cost is the cost that is generated by selecting some other alternative. The opportunity cost indicates the value or activity that is foregone to do something else.

In our case, me and my friend decided to go on a concert and concert ticket price is $100.

There are other three alternatives available for me and my friend other than concert:

(i) purchase a​ textbook worth of $100.

(ii) meal at a highly rated local​ restaurant

(iii) internet movie downloads

It was given that my next best alternative to the concert is internet movie downloads and my friend's next best alternative to the concert is meal at a highly rated local​ restaurant.

Hence,

The opportunity cost for me and my friend of the concert tickets that we purchased are internet movie downloads and meal at a highly rated local​ restaurant, respectively.

8 0
4 years ago
A group of small sellers takes the initiative and organizes a new business entity to carry on wholesaling and possibly some prod
olchik [2.2K]

Answer:

Letter A is correct.<u><em> Retailer cooperative.</em></u>

Explanation:

Retail cooperative is a collaborative marketing strategy that encompasses collective advertising, branding, promotion, and other efforts to benefit all companies involved in the cooperative.

The choice of participating retailers must be analyzed and selected through strategy so that collective efforts are enhanced. Collaboration can occur through :

  • Co-branding
  • Cooperative branding
  • Practical cooperation
  • Complementary Branding

This strengthening strategy is very effective, cooperative marketing strategies assist in brand strengthening, market gain, economies of scale, increased reliability and revenue

8 0
3 years ago
Match each description to the appropriate term.
-BARSIC- [3]

Answer and Explanation:

The matching is as follows;

1. (c) the maturity value is the due amount that should be paid at the due date

2. (d) The interest is the amount that should be charged for using the money of other party

3 (b) The interest rate is the rate charged for using that money of the other party

4(a) The note receivable is the instrument that should be formal and written which shows the amount outstanding from the clients

7 0
3 years ago
The payroll clerk and the purchasing agent working for a factory are not technically part of the manufacturing industry. True Fa
Usimov [2.4K]

Answer:False

Explanation:

It wouldn’t run with out them

3 0
4 years ago
Which behaviors might lead someone to have a low credit score?
Gnesinka [82]
To return something and get money back
6 0
3 years ago
Read 2 more answers
Other questions:
  • This information relates to Sheffield Real Estate Agency.
    13·1 answer
  • Which capability of digital dashboards enables users to have reports that highlight deviations larger than certain thresholds?
    8·1 answer
  • Trumbeak Inc., an electronics company, needs to pay its debt to Breston Bank the following year. Trumbeak Inc. sells half of its
    7·2 answers
  • Department G had 3,600 units, one-third completed at the beginning of the period, 12,000 units were completed during the period,
    5·1 answer
  • In reviewing the agreement between AdCreate and Anchor Motors, Jacob Stein found that sales ofAnchor rose 2.8% compared to the p
    14·1 answer
  • How many divorces occur in the United States each year?
    7·2 answers
  • the sale of a good by a foreign supplier in another country at a price below that charged by the supplier in its home market. b.
    5·1 answer
  • HII I've made about 3 give aways with points and still have a bunch, but this question is asking if anyone wants to be friends?
    10·2 answers
  • Two countries produce coffee and blueberries. Nicaragua can produce either 25 thousand pounds of coffee or 100 thousand pounds o
    8·1 answer
  • Henry wants to avoid interest capitalization on his $7,800 unsubsidized Stafford loan. Henry will graduate in four years, and th
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!