Net asset value of the equinox fund

Assignment Help Finance Basics
Reference no: EM133118468

Adil purchased 1,000 units in the Equinox Segregated Fund on March 1st of this year. The Net Asset Value (NAV) of the Equinox Fund was $14.80 on January 1st and during the course of the year this fund distributed income of $1.56 per unit. Based on the above information, how much total income would Adil receive by year- end from this fund?

Reference no: EM133118468

Questions Cloud

Physical therapy : Who is considered the consumer in Physical Therapy? Why is it important to meet the needs of consumers? Why is it important to meet the needs of consumers?
How much you will have accumulated in the account : 1. You have $1,500 to invest today at 7% interest compounded for 3 years.
Horizon of possibilities for stocks within the next year : Select the most likely risk scenario and tell us what steps should be taken to manage, minimize and mitigate against that risk.
Discovery interviews-focus groups-empathy mapping : Mapping experiences is often the best way to organize qualitative data you gathered through Discovery Interviews, Focus Groups, Empathy Mapping, etc.
Net asset value of the equinox fund : Adil purchased 1,000 units in the Equinox Segregated Fund on March 1st of this year. The Net Asset Value (NAV) of the Equinox Fund was $14.80 on January 1st and
What way should the present tax system be reformed : How could this reform happen and what would be the effect on governmental structure? How would the reform affect any publicly run services and grants?
Calculate the current yield-the yield to maturity : Calculate the current yield, the yield to maturity and the effective annual yield of the bond? Please present all your calculations
Advantages and disadvantages of the three major credit : Discuss the advantages and disadvantages of the three major credit rating methods designed by Fitch, Moody's and Standard & Poor's.
Geomorph net working capital : What are Geomorph's net working capital and total long-term capital?

Reviews

Write a Review

Finance Basics Questions & Answers

  Preparing the training site and choosing the trainers

Are there any considerations that can be in regards to selecting a training site, preparing the training site, and choosing the trainers?

  The largest bank serving the companys local business

the largest bank serving the companys local business community is currently offering an interest rate of 5.5 on three-

  What course of action do you recommend to the secretary

As one of several advisors to the secretary of the U.S. Treasury. Based on these conditions, what course of action do you recommend to the secretary of the U.S. Treasury?

  Which is the relevant yield for an investor

Paradise Adventures issued 7% coupon bonds with a maturity of twenty years five years ago. The bonds are callable beginning 10 years prior to maturity at 103%.

  What are the three basic steps people can take

What are the three basic steps people can take to prepare for any type of disaster?- What are the seven key elements that can be used to measure the comprehensive nature of an evacuation plan?

  What is the project discounted payback

NPV Project L costs $65,000, its expected cash inflows are $12,000 per year for 9 years, and its WACC is 9%. What is the project's NPV?What is the project's.

  What is the percentage price change of these bonds

If interest rates suddenly rise by 2 percent, what is the percentage price change of these bonds?

  What is the npv of the investment

It will be sold for 25,000 at the end of 5 years. Add'l inventory of 11,000 will be required for parts and maintenance of new machine. The company evaluates all projects at this risk level using an 11.99% required rate return. Tax rate is expected..

  How much would it cost him to buy the annuity today

Your uncle is about to retire, and he wants to buy an annuity that will provide him with $73,000 of income a year for 20 years, with the first payment coming immediately. The going rate on such annuities is 5.25%. How much would it cost him to buy..

  What is the size of the final? payment

If interest was? 8% for the first two years and? 9% for the remaining? time, and compounding is? quarterly, what is the size of the final? payment?

  What is the true cost of building the new assembly line

What is the true cost of building the new assembly line after taking flotation costs into account? (Enter your answer in dollars, not millions of dollars, e.g.)

  Share and the alternative valuation

Mrs. Thomas inherited stock from her father some years ago when the FMV was $20 per share and the alternative valuation was $18.

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