Foundation with sufficient money to fund ongoing scholarship

Assignment Help Financial Management
Reference no: EM131960108

You are a millionaire and you wish endow a children’s foundation with sufficient money to fund ongoing scholarships. The Children’s Scholarship Fund of Charlotte (CFC) asked you to partner with them and start up a scholarship fund with $500,000 disbursements. The fund will grow by 2% in perpetuity annually at an interest rate of 4%. How much do you need to initially invest into the CFC?

Reference no: EM131960108

Questions Cloud

Market-to-book ratio-what is the earnings per share : Dudley Hill Golf Club's market-to-book ratio is currently 2.4 times and the PE ratio is 6.70 times. What is the earnings per share?
Compare the returns of the two selected funds for the past : Speculate on two potential implications of CAPM regarding the effect of this change on the required rate of return for a company's investment projects.
Job responsibilities and improve performance : Describe ways a manager and employees could carry on an ongoing conversation to clarify job responsibilities and improve performance.
Create an argument for the version of the efficient market : Create an argument for the version of the efficient market hypothesis (i.e., weak, semi-strong, and strong) that you most strongly agree with.
Foundation with sufficient money to fund ongoing scholarship : You are a millionaire and you wish endow a children’s foundation with sufficient money to fund ongoing scholarships.
What is the amount and character of brad recognized gain : What is the amount and character of Brad's recognized gain on the sale of the preferred stock? Please show all calculations and provide explanations
Explain the ethical issues faced by the organization : Develop a minimum of 700-word section for your business model and strategic plan in which you add your strategies and tactics to implement.
Explain how the leader has influenced you : Explain how this leader has influenced you and why you think he or she is effective. Analyze what characteristics or qualities this person possesses.
What is the yield to maturity at current market price : What is the yield to maturity at a current market price of $780?

Reviews

Write a Review

Financial Management Questions & Answers

  What is your cost of funds on new loan if you plan to prepay

You purchased your current home with a loan of $400,000 exactly seven years ago. At that time you secured a 6.04% interest, 30-year mortgage. What is your cost of funds on the new loan if you plan to prepay it at the end of year five?

  Merger or acquisition was move for international expansion

For this assignment, each student will find an organization of his or her choosing or any organization of his or her choice that has recently experienced a merger or an acquisition. discuss the organization’s success or failure; was the merger a good..

  Which project maximizes shareholder wealth

Which project maximizes shareholder wealth? Which compensation contract does the manager prefer if this project is chosen?

  What is the before tax cash flow under the new mortgage

What is the amount of the new mortgage? What is the before tax cash flow under the new mortgage?

  European put option on the stock

Calculate the value of a 3-month European put option on the stock with an exercise price of $40.

  Stock index future contract when the index spot price

What is the forward price of a 270-day stock index future contract when the index spot price is $540, the dividend yield is 1.8%, and the risk-free rate is 7.0%

  Continued to invest her accumulated amount

Meagan invests $1,200 each year in an IRA for 12 years in an account that earned 5% compounded annually. At the end of 12 years, she stopped making payments to the account, but continued to invest her accumulated amount at 5% compounded annually for ..

  What is the financial break even point

what is financial break-even point?

  Majority shareholder of several closely held corporations

Piercing the Corporate Veil M.R. Watters was the majority shareholder of several closely held corporations, including Wildhorn Ranch, Inc. (Wildhorn). All these businesses were run out of Watters’s home in Rocky Ford, Colorado.  During August 1986, t..

  How much is the firm worth if the risk-free rate

How much is the firm worth if the risk-free rate is 5% and the expected rate of return on the market portfolio is 10%?

  Flexible profit budget listing all revenues and costs

Prepare Flexible profit budget listing all revenues and costs for Mike’s Water Fun in 2016? Compute sales price-sales volume variances based on selling price

  What types of products does the business sell

What is the name of the business? What type of business is it? If the business is a partnership or corporation, what type is it? Where is it located? What types of products does the business sell? Does the business seem to be popular among consumers?..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd