1. An investor purchases a mutual fund for $60. The fund pays dividends of $3.50, distributes a capital gain of $4, and charges a fee of $4 when the fund is sold one year later for $62.50. What is the net rate of return from this investment?
2. What is asymmetric view?
Explain the relationship(if any) between the EMH, the asymmetric view, and the CAPM.