Section PF.4 – Solutions to the Practice Problems

1.

a. High $158.11, Low $122.18
b. $940.00
c. 2.42%, Higher than bank account at 1.65%
d. 1,977,050 shares
e. High $155.95, Low $153.58
f. $155.30
g. $156.41
h. $5.79

2.

a. High $183.35, Low $150.11
b. $4236.40
c. 2.93%, Higher than bank account at 0.03%
d. 1,912,528 shares
e. High $162.11, Low $161.06
f. $162.31
g. $161.28
h. $4.80

3. $32,592.00 Gain

4. $538.80 Loss

5.  $2,504.00

6. $4,069.00

7. $0.4%

8. -4.7%

9. $409.25

10. $368.20

11. 86 shares

12. 94 shares

13. $337.16

14. $310.76

15. $136,042.61

16. $21,849.54

17. Loss $391.50

18. Gain $652.50

19. Gain $3,380.87

20. Loss $17,030.20

21. $12,640.00

22. $91,095.23

23. Mutual Fund B