The rate of return did an investor receive on the fund last year is : 8.87%.
<h3>Rate of return</h3>
Using this formula
Rate of return=(Dec fund's NAV -Jan fund's NAV +Income distribution+Capital gain distribution)/Jan fund's NAV
Let plug in the formula
Rate of return = ($23.15 - $23.00 + $.63 + $1.26)/$23.00
Rate of return =$2.04/$23.00×100
Rate of return = 8.87%
Therefore the rate of return did an investor receive on the fund last year is : 8.87%.
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Answer:
4.62%
Explanation:
Bethesda had an issue with preferred stock outstanding with a coupon rate of 4.20 %
It is sold at $90.86 per share
The par value is $100
Therefore the company's preferred stock can be calculated as follows
= 4.20/100 × 100 / 90.86/100 ×100
= 4.20/90.86
= 0.0462 × 100
= 4.62%
Answer:
c. 100 days of the filing of the complaint.
Explanation:
After receiving a complaint, HUD starts the investigation within 30 days of receiving the complaint and the maximum time period to investigate the complaint is 100 days i.e. HUD would dismiss the complaint within 100 days when the complaint is filed
Therefore in the given case, the option c is correct as it is mentioned the 100 days and the same is to be considered
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