How many shares did you purchase

Assignment Help Financial Accounting
Reference no: EM132973824

Question - A mutual fund has an offer price of $14.02. If you invested a lump sum of $16,000, how many shares did you purchase? Round to the nearest thousandth.

You purchase a mutual fund at an offer price of $15.79 per share. If the net asset value is $15.26, find the sale charge percent. Round to the nearest tenth.

Find the total proceeds (in $) from the sale of 30 bonds with a coupon rate of 6.75 and a current price of 96.775. (Round your answer to the nearest cent.)The commission charge is $6.00 per bond. The date of the transaction is 145 days since the last interest payment.

Find the current yield (as a %) of a bond whose coupon rate is listed as 4.875 and currently selling at a premium of 104.875.

Reference no: EM132973824

Questions Cloud

Prepare gross profit computations : Frances Manufacturing makes only one product with total unit manufacturing costs of $70, of which $42 is variable. Prepare gross profit computations
Determine the Diluted earnings per share : Hoffman Corporation had earnings available to common shareholders of $480,000. Determine the Diluted earnings per share
Marketing plan for the walt disney company : Prepare paper on marketing plan for the Walt Disney Company streaming service.
What is the modified duration of the bond : On December 31, 2020, a firm issued a Senior Bond of $100 million at 3% maturing on December 31, 2022. What is the modified duration of the bond
How many shares did you purchase : A mutual fund has an offer price of $14.02. If you invested a lump sum of $16,000, how many shares did you purchase
Calculate the total assessable earnings : Calculate the total assessable earnings for Worker's compensation, when the maximum assessable earnings for 2021 are $98,700.00
How many units were in Work in Process at the end of August : During the month, the company started production of 96,640 units. How many units were in Work in Process at the end of August
ACCT6015 Corporate Governance Assignment : ACCT6015 Corporate Governance Assignment Help and Solution, Southern Cross University - Assessment Writing Service - Identify the responsibilities of Rio Tinto
What is the annual revenue required to earn desired profit : You plan to open every day. You have $85,000 to invest and are in a 13% tax bracket. What is the annual revenue required to earn desired profit

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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