Invest in using actual funds and quoted prices

Assignment Help Financial Management

Reference no: EM131070628

Imagine that you have just inherited $40,000 from your grandfather and you have decided to invest it in a mutual fund portfolio. Identify the mutual funds you will invest in using actual funds and quoted prices. Consider utilizing a family of funds that will allow you to change funds as your investment goals change over time without incurring fees. Briefly describe the portfolio you have developed and include an explanation of your investment objectives in making these fund selections.

Reference no: EM131070628

Questions Cloud

What are arithmetic and geometric returns for stock : A stock has had the following year-end prices and dividends: Year Price Dividend 1 $ 43.23 - 2 48.21 $ .39 3 57.13 .42 4 45.21 .55 5 52.13 .60 6 61.21 .68 What are the arithmetic and geometric returns for the stock?

About the odd dividend policy : Maloney, Inc., has an odd dividend policy. The company has just paid a dividend of $4 per share and has announced that it will increase the dividend by $6 per share for each of the next five years, and then never pay another dividend. If you require ..

Find the duration of the current four bond portfolio : Grace Hesketh is the owner of an extremely successful dress boutique in downtown Chicago. Although high fashion is Grace’s first love, she’s also interested in investments, particularly bonds and other fixed income securities. Find the duration of th..

What is the capital gains yield : A stock price P0=$23, and is expected to pay D1 = $1.242 one year from now and to grow at a constant rate of g=8% in the future. Suppose this analysis was conducted in January 1, 2002, what is the expected price at the end of 2002 and what is the Cap..

Invest in using actual funds and quoted prices : Imagine that you have just inherited $40,000 from your grandfather and you have decided to invest it in a mutual fund portfolio. Identify the mutual funds you will invest in using actual funds and quoted prices. Consider utilizing a family of funds t..

What was the most recent dividend per share paid on stock : Secolo Corporation stock currently sells for $53 per share. The market requires a return of 8.6 percent on the firm’s stock. If the company maintains a constant 2.3 percent growth rate in dividends, what was the most recent dividend per share paid on..

Preferred lacks the ownership privilege of common stock : Preferred stock has all but which of the following characteristics? A. No stated maturity. B. Preferred lacks the ownership privilege of common stock. C. The same binding contractual obligation as debt. D. A fixed dividend payment that carries a high..

What is the current price of this preferred stock : The National Bank of Columbia has issued perpetual preferred stock with a $100 par value. The bank pays a quarterly dividend of $1.50 on this stock. What is the current price of this preferred stock given a required rate of return of 8.5 percent? Pri..

Stock market portfolio with beta : You have a stock market portfolio with a beta of 1.15 that is currently worth $300 million. You wish to hedge against a decline using index options. Suppose you decide to use SPX calls. Calculate the number of contracts needed if the call option you ..

User Account

All Pages