Major charitable organization in north carolina

Assignment Help Finance Basics
Reference no: EM133056839

- Nicole is the director of a major charitable organization in North Carolina.

-She is a single mother of one young child, she earns a modest income.

- Nicole has decided it would be best for her to do a little investing on her own.

- She'd like to set up a program to supplement her employer's retirement program and, at the same time, provide some funds for her child's college education (which is 12 years away).

- Although her income is modest, Nicole believes that with careful planning, she could probably invest about $250 a quarter, and she hopes to increase this amount over time. ---- Nicole now has about $15,000 in a bank savings account, which she's willing to use to kick off this program.

- In view of her investment objectives, she isn't interested in taking a lot of risk.

- Nicole's knowledge of investments extends no further than savings accounts, series EE bonds, and a little bit about mutual funds.

In view of Nicole's long-term investment goals, are mutual funds or ETFs, the more appropriate investment vehicle for her? Also what advice would be good to give her when using this investment vehicle?

Reference no: EM133056839

Questions Cloud

What is the maximum price Pinder Ltd can offer : Assume cash flows occur at the end of each year. Based only on the information above, what is the maximum price Pinder Ltd can offer
Floating-rate bond : 1. Which one of the following risks would a floating-rate bond tend to have less of as compared to a fixed-rate coupon bond?
What does the sales volume need to drop to before NPV : Assume cash flows occur at the end of each year, except for initial cash flows. Based only on the information above, what does the sales volume need to drop
What is the bond nominal yield to call : The bond has a6.50% nominal yield to maturity, but it can be called in 6 years at a price of $1,045. What is the bond's nominal yield to call
Major charitable organization in north carolina : - Nicole is the director of a major charitable organization in North Carolina.
What are the incremental free cash flows : What are the incremental free cash flows associated with the new machine? The free cash flow for year 0 will be $ (Round to the nearest dollar.)
How should Sandhill allocate its production capacity : The demand for chairs is 630 units per month and the demand for tables is 410 units per month. How should Sandhill allocate its production capacity
Evaluating a proposed expansion project : You are evaluating a proposed expansion project and you determine that the Discounted Cash Flow - Net Present Value (DCF-NPV) is -RM30,000.
Creating implementation plan outline : The purpose of this assignment is to become familiar with the EHR implementation process by creating an implementation plan outline.

Reviews

Write a Review

Finance Basics Questions & Answers

  How many ftes will be required to provide

Assume that a home health agency requires 6,000 nursing care hours. If a full-time equivalent (FTE) is paid for 2,080 hours and nonproductive hours are 382 per FTE, how many FTEs will be required to provide the required care hours?

  Question - Reviewing Abrupt Shifts in Stock Valuation

Question - Reviewing Abrupt Shifts in Stock Valuation - Review Section C of a recent issue of The Wall Street Journal

  Calculate the market-to-book ratio for lab r doors

Lab R Doors' year-end price on its common stock is $57. The firm has total assets of $77 million, the debt ratio is 53%, no preferred stock, and there are

  What would be the forecast for next year

What would be the forecast for next year's sales using the naïve approach?

  What is the current period dividend

The dividends are expected to grow at 8.12% each year forever. If the required rate of return on the stock is 16.24%, what is the current period's dividend?

  Milton corporation recently paid a dividend of 170 per

milton corporation recently paid a dividend of 1.70 per share is currently expected to grow at a constant rate of 5 and

  Compute the cost of retained earnings

A Corporation needs to know its cost of retained earnings. Based on the following information, compute the cost of retained earnings:

  Prepare a chart summarizing the details of the investment

Write a two to three paragraph summary in which you: Create a chart summarizing the details of the investment for both Bob and Lisa. Explain the results in terms of time value of money.

  The organizational set-up for the purpose

(a) A newly opened bank with paid-up capital of Rs. 500/- crores and deposits amounting to Rs. 500/- crores wants to take up treasury operations. Outline the organizational set-up for the purpose.

  What is the expected return on microsoft

Microsoft's beta is 1. The risk free rate of return is 2%. If the expected return on the market is 12 percent, what is the expected return on Microsoft?

  Determine current industry condition

Determine current industry condition and industry expected future condition based on Porter's five competitive forces of Keck Seng (Malaysia) Berhad.

  What is the firms quick ratio

The balance sheet and income statement shown below are for Koski Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over..

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