Calculate the Net Asset Value per share of the Canadian Equity ABC mutual fund, given the following information on the current market value: Total assets $445,000,000 Total liabilities $19,500,000 Total number of shares outstanding 17,400,000 A $24.45 $20.00 $19.82 D $18.10 E $26.40

Calculate the Net Asset Value per share of the Canadian Equity ABC mutual fund, given the following information on the current market value: Total assets $445,000,000 Total liabilities $19,500,000 Total number of shares outstanding 17,400,000 A $24.45 $20.00 $19.82 D $18.10 E $26.40

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Find the following for the indicated mutual fund when the given number of shares is bought and sold 1 year later after receiving the distribution shown in the following table. (Round your answers to two decimal places.) Name Shares Bought Shares Sold Distribution NorthCo 100 at $90 100 at $95 $1.45 per share (a) Find the capital appreciation. %(b) Find the yield. %(c) Find the return. %
Find the sales charge and sales charge percent for one share of AAGSX mutual fund stock if the stock was offered at $10.51 per share. 1 2 3 4 5 6 Family/ Fund Symbol NAV Chg YTD % return 3-yr % chg AARP Funds Aggr AAGSX 10.25 0.08 6.2 −1.6 Consrv AACNX 10.55 0.02 4.0 4.0 Mod p AAMDX 10.50 0.05 4.9 1.3 AMF Funds IntMtg ASCPX 4.81 −0.01 0.1 −14.3 LgCpEq IICAX 8.16 0.08 7.5 −2.1 ShtUSGv ASITX 9.36 −0.01 0.2 0.7 UltraShrt p AULTX 5.45 −0.02 3.2 −12.2 UltShrtMtg ASARX 7.39 — 2.4 −4.4 USGvMtg ASMTX 8.64 −0.02 0.2 −0.7 APIEffFrtGrPrim fp APIEffFrtGrPrim fp APITX 8.13 0.10 9.0 −6.5 APIMultIdxPrim APIMultIdxPrim AFMMX 10.98 0.09 4.4 −9.6 AVS LPE Ptf AVS LPE Ptf…
From the following mutual fund quotation, complete the blanks: (Negative amounts should be indicated by a minus sign. Round the "NAV" and the "NAV change" to the nearest cent and the "Total return" to the nearest hundredth percent.) TOTAL RETURN Inv. obj. NAV NAV chg. YTD 4 wks. 1 yr. EuGr ITL 12.65 -0.05 +9.9 +0.97 +11.25 NAV NAV change Total return, 1 year ( Prev 11 of 18 Next > ...... .....I 96
Suppose you own a mutual fund which has 13,000,000 shares outstanding. If its total assets are $36,000,000 and its liabilities are $5,000,000, find the net asset value (in $) of the fund. Round to the nearest cent. 2$
please answer within 30 minutes.
Find the following for the indicated mutual fund when the given number of shares is bought and sold 1 year later after receiving the distribution shown in the following table. (Round your answers to two decimal places.) Name Shares Bought Shares Sold Distribution NorthCo 300 at $85 300 at $90 $1.15 per share (a) Find the capital appreciation. ____________%(b) Find the yield. _____________%(c) Find the return. _____________%
At the end of yesterday mutual fund XYZ had $7 million in cash, $350 million in securities and 61 million of shares outstanding. At the end of today the value of securities increased by 5% and the number of shares increased by 2%. Calculate fund’s NAV as of today. $5.55 $6.02 $6.19 $5.82
A mutual fund has a front-end load of 6%. There is $10,500,000 in assets and $500,000 in outstanding liabilities and one million shares outstanding. Which of the following statements would be true? a) NAVPS would be less than $10 b) NAVPS would be $10 Oc) NAVPS would be greater than $10 d) NAVPS cannot be calculated
Compute the net asset value for a share of a mutual fund with the following characteristics: Market value of assets: Market value of liabilities: Number of shares outstanding: $26.07 $23.66 O $24.41 $22.76 25.04 $177,000,000 $12,000,000 7,250,000
Mutual Fund: NAV: 45.49 Total Assets: 155.10B Fund Family: American Funds Top 10 Holdings: Amazon 6.05% ; Broadcom 2.63%; United Health Group 2.43%; Microsoft 2.35%; The Home Depot 2.11%; Netflix 2.07%; Alphabet Inc 1.81%; EOG Resources 1.78%; American International Group Inc 1.73%; Facebook A 1.52% Asset Allocation: Cash 5%; Stocks 65% ; Bonds 30% Front Load: 5.75% Deferred Load: Expense Ratio: 1.8% O Good for an Aggressive investor O Good for a Moderate investor Good for a conservative investor www.. Description: The investment seeks both growth of capital and preservation of income. The fund invests primarily in common stocks and bonds. Purchase Information: Initial $250 Since the asset allocation is 65% stocks and it has a growth/income objective, what would you infer from this mutual fund?
Calculate WACC given the following information. Total Value of Common Stocks (CS) $800,000 Total Value of Preferred Stocks (PS) $100,000 Cost of Preferred stock Total Value of Debt (D) $400,000 Pre-tax Cost of Debt Tax rate (t) Cost of Equity (common stocks) 0.17 0.11 0.09 0.4

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