Problem #2. Calculate the total cost, proceeds, total gain (or loss), and return on investment for the given mutual fund. The offer price is the purchase price of the shares, and the net asset value is the price at which the shares were later sold. Show your work. Shares Offer Total Price Cost Net Asset Proceeds Value 300 $10.35 ? $12.95 ? Total Per Share Gain Dividends (or Loss) ? .76 Retur Investi % ?

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter14: Security Structures And Determining Enterprise Values
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Problem #2. Calculate the total cost, proceeds, total
gain (or loss), and return on investment for the given
mutual fund. The offer price is the purchase price of the
shares, and the net asset value is the price at which the
shares were later sold. Show your work.
Shares
Offer Totall
Price Cost
300 $10.35| ?
Total
Per Share Gain
Dividends (or
Loss)
?
Net
Asset Proceeds!.
Value
$12.95
?
.76
Returr
Investn
%
Transcribed Image Text:Problem #2. Calculate the total cost, proceeds, total gain (or loss), and return on investment for the given mutual fund. The offer price is the purchase price of the shares, and the net asset value is the price at which the shares were later sold. Show your work. Shares Offer Totall Price Cost 300 $10.35| ? Total Per Share Gain Dividends (or Loss) ? Net Asset Proceeds!. Value $12.95 ? .76 Returr Investn %
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