You invested in the no-load oh yes mutual fund one year ago


Question: You invested in the no-load Oh Yes Mutual Fund one year ago by purchasing 1,000 shares of the fund at the net asset value of $25.00 per share. The fund distributed dividends of $1.50 and capital gains of $2.00. Today, the NAV is $26. What was your holding period return?

Solution Preview :

Prepared by a verified Expert
Accounting Basics: You invested in the no-load oh yes mutual fund one year ago
Reference No:- TGS02421930

Now Priced at $15 (50% Discount)

Recommended (98%)

Rated (4.3/5)