BUSN 380 help Making Decisions/uophelp.com BUSN 380 help Making Decisions/uophelp.com | Page 92

5. Dave bought a rental property for $200,000 cash. One year later, he
sold it for $240,000.
A- What was the return on his $200,000 investment?
B- Suppose Dave invested only $20,000 of his own money and
borrowed $180,000 (interest free from his rich father). What was his
return on investment?
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BUSN 380 Week 7 Quiz
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1. (TCOs 6 and 7) The Capitalist Mutual Fund's portfolio is valued at
$48 million. The fund has liabilities of $4 million, and the investment
company sponsoring the fund has issued 1,600,000 shares. What is the
fund's net asset value? (Points : 1)
$48.00
$30.00
$36.66
$27.50
$1
Question 2.2. (TCOs 6 and 7) A(n) _____ mutual fund is one in which
investors pay a commission every time they purchase shares. (Points : 1)
closed-end
open-end
no-load