How much did the preferred shareholders receive

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Q1. A sports equipment company issued a $3 cumulative preferred stock issue. In 2000, the firm's board of directors voted to omit dividends for both the company's common and preferred stock issues. Also, assume that the corporation's board of directors votes to pay dividends in 2001.

a. How much did the preferred shareholders receive in 2000?

b. How much did the common shareholders receive in 2000?

c. How much did the preferred shareholders receive in 2001?

Q2. Tamara June purchased 100 shares of All-Canadian Manufacturing Company stock at $29 1/2 a share. One year later, she sold the stock for $38 a share. She paid her broker a $34 commission when she purchased the stock and a $42 commission when she sold it. During the 12 months that she owned the stock, she received $184 in dividends.

a. Calculate Tamara's annual shareholder return.

b. Break this total down into its components: dividend yield and capital gains yield.

Q3. Given the information below, calculate the net asset value for the Altamira Bond mutual fund.

Total assets $225,000,000

Total liabilities 5,000,000

Total number of shares 4,400,000

What is the issue price for a $500,000, 5 years, semiannual bond with stated rate at 4% when the market rate is 5%. What would you pay assuming you purchased $10,000 of this bond at the date of issue?

Reference no: EM132777217

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