Sandy is considering investing in a mutual fund with the following information: - One year...
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Sandy is considering investing in a mutual fund with the following information: - One year ago the mutual fund had a net asset value of $6.12. - The mutual fund paid a $0.45 dividend this year - The mutual fund has no liabilities. - This mutual fund has issued 100 shares. - The mutual fund owns: - 1 share of Target stock (\$160 today's price). - 1 share of Apple stock (\$139 today's price). - 1 share of Johnson and Johnson stock (\$171 today's price). - 1 share of Honeywell stock (\$208 today's price). 1. What is the Net Asset Value of this mutual fund today? Sandy is considering investing in a mutual fund with the following information: - One year ago the mutual fund had a net asset value of $6.12. - The mutual fund paid a $0.45 dividend this year - The mutual fund has no liabilities. - This mutual fund has isued 100 shares. - The mutual fund owns: - 1 share of Target stock (\$160 today's price). - 1 share of Apple stock (\$139 today's price). - 1 share of Johnson and Johnson stock (\$171 today's price). - 1 share of Honeywell stock (\$208 today's price). 1. What was the return for this mutual fund over the last year
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