Reference no: EM131010428
QUESTION 1
The World Income Appreciation Fund has current assets with a market value of $4.8 billion and has 130 million shares outstanding. What is the net asset value (NAV) for this mutual fund?
QUESTION 2
The Madura HiGro Fund has a net asset value of $50 per share. It charges a 3.8 percent load. How much will you pay for 200 shares?
QUESTION 3
The World Income Appreciation Fund has current assets with a market value of $4.5 billion and has 130 million shares outstanding. The fund has a current market price quotation of $35.31. What is the front-end load in percentages?
QUESTION 4
You are going to invest in a stock mutual fund with a 6 percent front-end load and a 1.4 percent expense ratio. You also can invest in a money market mutual fund with a 6 percent return and an expense ratio of 0.3 percent. If you plan to keep your investment for 2 years, what annual percentage return must the stock mutual fund earn to exceed an investment in the money market fund?
QUESTION 5
You invested $10,000 in a mutual fund at the beginning of the year when the NAV was $41.03. At the end of the year the fund paid $0.34 in short-term distributions and $1.21 in long-term distributions. If the NAV of the fund at the end of the year was $43.43, what was your return for the year?
QUESTION 6
A closed-end fund has total assets of $330 million and liabilities of $800,000. Currently, 20 million shares are outstanding. If the shares currently sell for $16.74, what is the percentage premium or discount on the fund? (Note: Enter premium as a positive number and a discount as a negative number.)
|
Calculate the corporations tax liability
: Sales for L.B. Merielle Inc. during the past year announced to 5.05 million. The firm provides parts and supplies for oil field service companies. Gross profits for the year were 3.05 million. Operating expenses totaled 1.12 million. The interest inc..
|
|
Corporation tax liability by corporate tax rate structure
: The William B. Waugh Corporation is a regional Toyota dealer. The firm sells new and used trucks and I actively involved in the parts business. During the most recent year, the company generated sales of 3.07 million. Calculate the corporation’s tax ..
|
|
Impact that ethical practices have on persuasion
: You should choose an effective example to clearly illustrate your viewpoints such as a current event issue or personal experience.
|
|
You have accumulated some money for your retirement
: You have accumulated some money for your retirement. You are going to withdraw $87,479 every year at the end of the year for the next 20 years. How much money have you accumulated for your retirement? Your account pays you 3.55 percent per year, comp..
|
|
What is the net asset value for this mutual fund
: The World Income Appreciation Fund has current assets with a market value of $4.8 billion and has 130 million shares outstanding. What is the net asset value (NAV) for this mutual fund? The World Income Appreciation Fund has current assets with a mar..
|
|
Estimate the probability that a newborn baby is male
: Use the given information to estimate the probability that a newborn baby is male, given that the ultrasound predicted the baby would be male.
|
|
Calculate the first ten terms of the resulting sequence
: Calculate the first ten terms of the resulting sequence starting from x1 = 0.5. Find all equilibrium solutions. What do you notice about how rapidly the allele disappears?
|
|
How much does she need to place in a savings account
: Camilia plans to go for vacation to Australia in 5 years from now. She estimates that she will need 29,349 for the trip. How much does she need to place in a savings account today that earns 4.16% per year (compounded quarterly) to accumulate this am..
|
|
What is the decision facing subaru
: Marketing in Action Case - Real Choices at Subaru- What is the decision facing Subaru? What factors are important in understanding this decision situation? What are the alternatives
|