Question
In: Finance
An investment in the Bosworth Closed-end Fund produced the following results: Date Value per share Dividend...
An investment in the Bosworth Closed-end Fund produced the following results:
| Date | Value per share | Dividend paid to investors | ||
| End of Year 0 | $20 | |||
| End of Year 1 | $23 | $1.5 | ||
| End of Year 2 | $23 | $1 | ||
| End of Year 3 | $23 | $1.9 |
What is the time-weighted rate of return on an investment in this fund if you bought the investment at the end of Year 0 and held it until the end of Year 3? Report your answer to four decimal places (e.g., 1.234% report as 0.0123)
Solutions
jeff jeffy answered 1 year agoRelated Solutions
The Closed Fund has a net asset value of $36.14 per share. If the fund sells...
The Closed Fund has a net asset value of $36.14 per share. If
the fund sells for $34.44 per share, what is its premium or
discount as a percent of net asset value?
Round your answer to 4 decimal places. For example if your
answer is 3.205%, then please write down 0.0321.
An open-end fund has a net asset value of $8.09 per share. It is sold with...
An open-end fund has a net asset value of $8.09 per share. It is
sold with a front-end load of 4%. What is the selling price?
Round your answer to the nearest cent (2 decimal places).
An open-end mutual fund has the following assets. Please calculate Net Asset Value per share and...
An open-end mutual fund has the following assets. Please
calculate Net Asset Value per share and total cost of buying one
share of the mutual fund.
Stock
Shares
Price
A
2,000,000
$45.00
B
2,000,000
$78.00
C
2,000,000
$13.00
D
2,000,000
$26.00
Item
Value
front-end load
$10 per share
back-end load
$5 per share
current mutual fund shares
2,000,000
management fees
0.15% per month
What is the NAV?
What is Total Purchasing Cost Per Fund share?
An open-end mutual fund has the following assets. Please calculate Net Asset Value per share and...
An open-end mutual fund has the following assets. Please
calculate Net Asset Value per share and total cost of buying one
share of the mutual fund.
Stock
Shares
Price
A
2,000,000
$45.00
B
2,000,000
$78.00
C
2,000,000
$13.00
D
2,000,000
$26.00
Item
Value
front-end load
$10 per share
back-end load
$5 per share
current mutual fund shares
2,000,000
management fees
0.15% per month
NAV = $
Total Purchasing Cost per fund share = $
A closed-end fund starts the year with a net asset value of $21 . by year-end...
A closed-end fund starts the year with a net asset value
of $21 . by year-end , NAV equals $20.5 . At the beginning of the
year , the fund is selling at a 3% premium to NAV. By the end of
the year, the fund is selling at a 4% discount to NAV . the fund
paid year-end distributions of income and capital gains of 2.50$ .
what is the rate of return to an investor in the fund...
What is the value per share be of a company with the following dividends? Dividend just...
What is
the value per share be of a company with the following
dividends?
Dividend just paid is $1.35
Exp Div Growth rates
13.50%
12.25%
9.50%
10.60%
8.75%
ROE = 14.10%
Plowback Rate = 42.00%
US T-Bill = 1.70%
Beta = 0.87
Mkt Risk Premium = 8.40%
A closed-end fund starts the year with a net asset value of $30. By year-end, NAV...
A closed-end fund starts the year with a net asset value of $30.
By year-end, NAV equals $31.90. At the beginning of the year, the
fund is selling at a 2% premium to NAV. By the end of the year, the
fund is selling at a 7% discount to NAV. The fund paid year-end
distributions of income and capital gains of $3.30. a. What is the
rate of return to an investor in the fund during the year? (Do not...
A closed-end fund starts the year with a net asset value of $22. By year-end, NAV...
A closed-end fund starts the year with a net asset value of $22.
By year-end, NAV equals $23.10. At the beginning of the year, the
fund is selling at a 3% premium to NAV. By the end of the year, the
fund is selling at a 8% discount to NAV. The fund paid year-end
distributions of income and capital gains of $2.50.
a.
What is the rate of return to an investor in the fund during the
year? (Do not...
Tesla is expected to pay a dividend of $3 per share at the end of this...
Tesla is expected to pay a dividend of $3 per share at the end
of this year; its beta is 0.9; the risk-free rate is 5.2%, and the
market risk premium is 6%. The dividend is expected to grow at some
constant rate g, and the stock currently sells for $40 per share.
What does the market believe will be the stock's price
three years from now?
A company’s last dividend was $1.50 per share at the end of the year. For the...
A company’s last dividend was $1.50 per share at the end of the
year. For the next three years, the growth rate is expected to be
23% per year, after which the growth rate is expected to continue
at a constant rate of 7% per share. Shareholders require 12% rate
of return. What would you be willing to pay for this stock today?
Show the answer by hand not using excel.
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