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CH21FINALPROJECT

CH21FINALPROJECT - Tyler Kurre Bus 101 Intro to Business...

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Tyler Kurre Bus 101 Intro to Business Chapter 21 mutual fund project The mutual fund that I chose was Fidelity Export and Multinational. The mutual fund, throughout the seven week period improved over what it started at. At the beginning of the project, Fidelity Export and Multinational’s net asset value was $21.47. When it ended the mutual fund’s net asset value (NAV) was $22.53. This mutual fund continued to grow during the entirety of the seven week span. The mutual didn’t experience any losses. Only once did the net asset value not change during a week. It stayed at $21.60 from September 26 to October 3. The initial amount invested was $2000 and $200 for the following weeks for a total of $3200 invested. The final total dollar amount of the investment was &3325.50. According to that, I received as gain of $125.50. This is a substantial growth for any investment especially for only a seven week period. The amount of $2000 bought only 93.153 shares of Fidelity Export and Multinational. The final week of the project showed that I now had 147.603 shares of the
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