Calculate the Total Cost, Proceeds, Total Gain or Loss, and Return

question 25

Short Answer

Calculate the total cost, proceeds, total gain or loss, and return on investment for the mutual fund investment assuming it is held for one year. 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 (round return on investment to the nearest tenth): $$\begin{array} { l l l l l l l l } & & & \text { Net } & && \text { Total } & \\& & & \text { Asset } & & \text { Per } & \text { Gain } & \text { Retum } \\& \text { Offer } & \text { Total } & \text { Value } & & \text { Share } & \text { (or } & \text { on } \\\text { Shares } & \underline { \text { Price } } & \underline { \text { Cost } } & \underline { ( \mathrm { NAV } ) } & \underline { \text { Proceeds } } & \underline { \text { Dividends } } & \underline { \text { Loss) } } & \underline { \text { Investment } } \\\$ 700 &\$8.30 & & \$7.50& &\$0 &\end{array}$$

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Definitions:

Peripheral

Relating to or situated on the edge or periphery of something.

Somatic Nervous System

The part of the peripheral nervous system that handles voluntary control of body movements via skeletal muscles.

Autonomic Nervous System

A division of the peripheral nervous system that controls involuntary functions, such as heartbeat and digestion.

Skeletal

Pertaining to the skeleton, the internal framework of bones and cartilages that supports and protects the body's organs.