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P12.9-Three years ago, you invested in the Future Investco Mutual Fund by purchasing 600shares of the fund at a net asset value of $ 20.24 per share. Because you did not need the income, you elected to reinvest all dividends and capital gains distributions. Today, you sell your 750 shares in this fund for $22.87 per share. What is the compounded rate of return on this investment over the three-year period?
P12.10-Three years ago, you invested in the Future Investco Mutual Fund by purchasing 500 shares of the fund at the price of $ 20.28 per share. Because you did not need the income, you elected to reinvest all dividends and capital gains distributions. Today, you sell your 600 shares in this fund for $23.57 per share. If there were a 1 % load on this fund, what would your rate of return be?
P12.11-You invested in the no-load OhYes Mutual Fund one year ago by purchasing 800 shares of the fund at the net asset value of $24.19 per share. The fund distributed dividends of $1.67 and capital gains of $1.59 . Today, the NAV is $25.96. What was your holding period return?
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