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Problem - Calculating mutual fund approximate rate of return. A year ago, the Constellation Fund was being quoted at an NAV of $21.50 and an offer price of $23.35; today, it's being quoted at $23.04 (NAV) and $25.04 (offer). Use the approximate yield formula or a handheld financial calculator to find the rate of return on this load fund; it was purchased a year ago, and its dividends and capital gains distributions over the year totaled $1.05 a share.
Prepare the entry that Asheton would make to record the purchase. Explain your reasoning for the account(s) you use to record the new fax machines
on january 1 year 6 the corporation issued 1000000 face value 20-year bonds. the bonds carry coupon interest of 6
$67,250 into an annuity earning 4.4% compounded semi-annually. How much is he able to withdraw from the annuity at the end of every 3 months for 7 years?
Many small corporations are owned by a few individuals, the original investors who founded the corporation. Sometimes these corporations require greater.
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Compute the total contribution margin that the company would earn if it could manufacture 2,000 units of Juno and 4,000 units of Hera.
Post the journal entries in parts (a) and (b) to T-accounts and determine the final balance in each account balance.
Briefly describe what is involved in developing applications for mobile devices.
Calculate Grady's current income, gain, or loss and the basis he takes in his shares of Eadie stock as a result of this transaction
What is the maximum amount per unit that Wehner would be willing to pay to an outside supplier?
It is anticipated the preferred stock will pay $6 per share in dividends. (a) Compute the cost of preferred stock for Burger Queen.
rare earth clothing is a retail store specializing in womensclothing. the store has established a liberal return policy
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