Over a four-year period, Matt Ewing purchased shares in the ClearBridge Large-Cap Value Fund. Use the following information: Year Investment Amount Price per Share 2018 $ 3,100 $ 29 per share 2019 3,100 37 per share 2020 3,100 34 per share 2021 3,100 36 per share At the end of four years, what is the total amount invested? At the end of four years, what is the total number of mutual fund shares purchased? At the end of four years, what is the average cost for each mutual fund share?

Over a four-year period, Matt Ewing purchased shares in the ClearBridge Large-Cap Value Fund. Use the following information: Year Investment Amount Price per Share 2018 $ 3,100 $ 29 per share 2019 3,100 37 per share 2020 3,100 34 per share 2021 3,100 36 per share At the end of four years, what is the total amount invested? At the end of four years, what is the total number of mutual fund shares purchased? At the end of four years, what is the average cost for each mutual fund share?

Essentials of Business Analytics (MindTap Course List)

2nd Edition

ISBN:9781305627734

Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Chapter2: Descriptive Statistics

Section: Chapter Questions

Problem 17P: Suppose that you initially invested 10,000 in the Stivers mutual fund and 5,000 in the Trippi mutual...

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The file MutualFunds contains a data set with information for 45 mutual funds that are part of the Morningstar Funds 500. The data set includes the following five variables: Fund Type: The type of fund, labeled DE (Domestic Equity), IE (International Equity), and FI (Fixed Income) Net Asset Value (): The closing price per share Five-Year Average Return (%): The average annual return for the fund over the past five years Expense Ratio (%): The percentage of assets deducted each fiscal year for fund expenses Morningstar Rank: The risk adjusted star rating for each fund; Morningstar ranks go from a low of 1 Star to a high of 5 Stars. a. Prepare a PivotTable that gives the frequency count of the data by Fund Type (rows) and the five-year average annual return (columns). Use classes of 09.99, 1019.99, 2029.99, 3039.99, 4049.99, and 5059.99 for the Five-Year Average Return (%). b. What conclusions can you draw about the fund type and the average return over the past five years?
Over a four-year period, Matt Ewing purchased shares in the ClearBridge Large-Cap Value Fund. Use the following information: Year Investment Amount Price per Share 2018 $ 3,250 $ 32 per share 2019 3,250 2020 40 per share 37 per share 2021 3,250 3,250 39 per share a. At the end of four years, what is the total amount invested? b. At the end of four years, what is the total number of mutual fund shares purchased? Note: Round your intermediate calculations and answer to 1 decimal place. c. At the end of four years, what is the average cost for each mutual fund share? Note: Round your intermediate calculations 4 decimal places and answer to 2 decimal places. a. Total amount invested b. Total number of mutual fund shares c. Average cost of each mutual fund share $ 13,000
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Analyze the following three years of data relating to the MoMoney Mutual Fund, . It should report the amount of dividend income and capital gains distributed to the shareholders, along with any other changes in the fund's net asset value (b = 0.5). (Click the icon here ☐ in order to copy the contents of the data table below into a spreadsheet.) 2019 2018 NAV (beginning of period) ? ? 2017 $35.56 Net investment income 0.64 0.74 0.56 Net gains on securities 5.48 4.52 - 3.41 Dividends from net investment income 0.64 0.56 Distributions from realized gains 1.61 1.96 0.51 1.44 a. What is the total income from the investment operations? b. What are the total distributions from the investment operations? a. The total income from investment operations in 2019 is $ The total income from investment operations in 2018 is $ (Round to the nearest cent.) (Round to the nearest cent.) (Round to the nearest cent.) The total income from investment operations in 2017 is $ b. The total distributions from…