What is the fund net asset value

Assignment Help Financial Management
Reference no: EM131927740

1. Greene Inc. just paid its customary $6 annual dividend. You predict the dividend will increase 30% each year for the next 2 years, then grow 2% every year thereafter. If you require a 14% return, what is the most you would be willing to pay for one share of this company's stock?

2. The Western Capital Growth mutual fund has

Total assets $ 751834000

Total liabilities $7755000

Total number of shares 22804000

What is the fund's net asset value (NAV)?

Round your answer to 2 decimal places.

Reference no: EM131927740

Questions Cloud

Why is it important to be able to break down medical terms : Why is it important to be able to break down medical terms into component parts? Why not just memorize each word?
Population standard deviation : A study on a random sample of 64 employees found that these employees were distracted an average of 1.1 hours per day and the population standard deviation.
Discuss external analysis of firm opportunities threats : Internal analysis of strengths and weaknesses, including a relevant financial analysis (balance sheets for last 3 years must be included).
Average cost of stroke rehabilitation at particular hospital : At a = .01, can it be concluded that the average cost of stroke rehabilitation at a particular hospital is at least $24,500?
What is the fund net asset value : The Western Capital Growth mutual fund. What is the fund's net asset value (NAV)?
Why is topic important to employee training and development : Why is the topic important to employee training and development? Justify your response, giving at least three reasons, supported by two scholarly resources.
Describe trade-offs that are encountered in product design : Describe some of the trade- offs that are encountered in product and service design.
Construct a confidence interval of losses : The company researcher takes a random sample of losses over 49 days and finds that = $187 and s = $30.
What was his total return for investment : Three years ago, James Matheson bought 220 shares of a mutual fund for $27 a share. What was his total return for this investment?

Reviews

Write a Review

Financial Management Questions & Answers

  Agreed-upon procedures to prospective financial statements

An auditor is considering accepting an engagement to apply agreed-upon procedures to prospective financial statements.

  Issue new stock to finance its capital budget

Assume that you are on the financial staff of Vanderheiden Inc., and you have collected the following data: The yield on the company's outstanding bonds is 7.75%, its tax rate is 40%, the next expected dividend is $0.65 a share, What is the firm's WA..

  Cost structure-what is the breakeven point in units

White machine shop fabricates polished steel casings. They currently sell 20,000 casings at a selling price of $45. They have the following cost structure: Variable costs per unit $30 Fixed costs $150,000 Required (each requirement is independent): W..

  Hypothesis of capital structure concludes

The Modigliani and Miller Independence hypothesis of capital structure concludes that?

  How much principal will the investor receive

How much interest and how much principal will the investor receive if the MBS survives 1 year? 3 years?

  Which project should the company accept

What is the IRR for each of these projects? Using the IRR decision rule, which project should the company accept?

  Create schedule showing cash inflows-outflows of this fund

Craig and LaDonna Allen are trying to establish a college fund for their son Spencer, who just turned three today. They plan for Spencer to withdraw $10000 on his eighteenth birthday and $11000, $12000, and $15000 on his subsequent birthdays. Create ..

  Investor lose or gain if exchange rate at end of contract

An investor enters into a short forward contract on 100 million yen. The forward exchange rate for US$ 1 is set at US$0.012 per yen. How much does the investor lose or gain if the exchange rate at the end of the contract is (i) US$0.011 per yen, and ..

  What are the total fixed costs of operating the university

What are the total fixed costs of operating the university? What are the variable cost and contribution margin per student at the university?

  What is the effective annual yield

PK Software has 9.2 percent coupon bonds on the market with 23 years to maturity. The bonds make semiannual payments and currently sell for 112.25 percent of par. a.) What is the Current yield on PK's bonds? b.)What is the YTM c.) What is the effecti..

  Statements are complete except for statement of cash flows

The statements are complete except for the statement of cash flows. Prepare the statement of cash flows for the current year ended December 31

  Evaluate average-risk projects

G. Cinquetti Corporation (GCC), uses a cost of capital of 10 percent to evaluate average-risk projects, and it adds or subtracts 3 percentage points to evaluate projects of more or less risk. The company uses coefficient of variation (CV) to measure ..

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