--------------------------------------------------------------------------------------- BUSN 380 Week 7 Quiz FOR MORE CLASSES VISIT www. busn380study. com
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?
--------------------------------------------------------------------------------------- BUSN 380 Week 7 Quiz FOR MORE CLASSES VISIT www. busn380study. com
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