(A) Adequate information: Value of portfolio - $ 200 million Liabilities - $ 3 million Number of share outstanding- 5 million To compute: Net asset value for the given fund Introduction: Net asset value of the fund is the value of the portfolio owned by the fund on a particular date netted off all the liabilities to the outsiders.

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Answer 1

Question

Chapter 4, Problem 15PS

Summary Introduction

(A)

Adequate information:

Value of portfolio - $ 200 million

Liabilities - $ 3 million

Number of share outstanding- 5 million

To compute:

Net asset value for the given fund

Introduction:

Net asset value of the fund is the value of the portfolio owned by the fund on a particular date netted off all the liabilities to the outsiders.

Summary Introduction

(B)

Adequate information:

NAV of the fund - $ 39.4 per share

Current selling price of the fund- $ 36 per share

To compute:

Premium of discount as a percentage of NAV

Introduction:

If the fund is selling at a price above its NAV then we will say that fund is selling at premium, while if the fund is selling at a price below its NAV then we will say that fund is selling at discount.

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Hello tutor this is himlton biotech problem.

Yan Yan Corp. has a $2,000 par value bond outstanding with a coupon rate of 4.7 percent paid semiannually and 13 years to maturity. The yield to maturity of the bond is 5.05 percent. What is the dollar price of the bond?

Answer 2

Question

Chapter 4, Problem 15PS

Summary Introduction

(A)

Adequate information:

Value of portfolio - $ 200 million

Liabilities - $ 3 million

Number of share outstanding- 5 million

To compute:

Net asset value for the given fund

Introduction:

Net asset value of the fund is the value of the portfolio owned by the fund on a particular date netted off all the liabilities to the outsiders.

Summary Introduction

(B)

Adequate information:

NAV of the fund - $ 39.4 per share

Current selling price of the fund- $ 36 per share

To compute:

Premium of discount as a percentage of NAV

Introduction:

If the fund is selling at a price above its NAV then we will say that fund is selling at premium, while if the fund is selling at a price below its NAV then we will say that fund is selling at discount.

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Answer 3

Question

Chapter 4, Problem 15PS

Summary Introduction

(A)

Adequate information:

Value of portfolio - $ 200 million

Liabilities - $ 3 million

Number of share outstanding- 5 million

To compute:

Net asset value for the given fund

Introduction:

Net asset value of the fund is the value of the portfolio owned by the fund on a particular date netted off all the liabilities to the outsiders.

Summary Introduction

(B)

Adequate information:

NAV of the fund - $ 39.4 per share

Current selling price of the fund- $ 36 per share

To compute:

Premium of discount as a percentage of NAV

Introduction:

If the fund is selling at a price above its NAV then we will say that fund is selling at premium, while if the fund is selling at a price below its NAV then we will say that fund is selling at discount.

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Answer 4

Question

Chapter 4, Problem 15PS

Summary Introduction

(A)

Adequate information:

Value of portfolio - $ 200 million

Liabilities - $ 3 million

Number of share outstanding- 5 million

To compute:

Net asset value for the given fund

Introduction:

Net asset value of the fund is the value of the portfolio owned by the fund on a particular date netted off all the liabilities to the outsiders.

Summary Introduction

(B)

Adequate information:

NAV of the fund - $ 39.4 per share

Current selling price of the fund- $ 36 per share

To compute:

Premium of discount as a percentage of NAV

Introduction:

If the fund is selling at a price above its NAV then we will say that fund is selling at premium, while if the fund is selling at a price below its NAV then we will say that fund is selling at discount.

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Answer 5

Chapter 4, Problem 15PS

Summary Introduction

(A)

Adequate information:

Value of portfolio - $ 200 million

Liabilities - $ 3 million

Number of share outstanding- 5 million

To compute:

Net asset value for the given fund

Introduction:

Net asset value of the fund is the value of the portfolio owned by the fund on a particular date netted off all the liabilities to the outsiders.

Summary Introduction

(B)

Adequate information:

NAV of the fund - $ 39.4 per share

Current selling price of the fund- $ 36 per share

To compute:

Premium of discount as a percentage of NAV

Introduction:

If the fund is selling at a price above its NAV then we will say that fund is selling at premium, while if the fund is selling at a price below its NAV then we will say that fund is selling at discount.

Answer 6

Chapter 4, Problem 15PS

Summary Introduction

(A)

Adequate information:

Value of portfolio - $ 200 million

Liabilities - $ 3 million

Number of share outstanding- 5 million

To compute:

Net asset value for the given fund

Introduction:

Net asset value of the fund is the value of the portfolio owned by the fund on a particular date netted off all the liabilities to the outsiders.

Answer 7

Chapter 4, Problem 15PS

Summary Introduction

(A)

Adequate information:

Value of portfolio - $ 200 million

Liabilities - $ 3 million

Number of share outstanding- 5 million

To compute:

Net asset value for the given fund

Introduction:

Net asset value of the fund is the value of the portfolio owned by the fund on a particular date netted off all the liabilities to the outsiders.

Answer 8

Summary Introduction

(B)

Adequate information:

NAV of the fund - $ 39.4 per share

Current selling price of the fund- $ 36 per share

To compute:

Premium of discount as a percentage of NAV

Introduction:

If the fund is selling at a price above its NAV then we will say that fund is selling at premium, while if the fund is selling at a price below its NAV then we will say that fund is selling at discount.

Answer 9

Summary Introduction

(B)

Adequate information:

NAV of the fund - $ 39.4 per share

Current selling price of the fund- $ 36 per share

To compute:

Premium of discount as a percentage of NAV

Introduction:

If the fund is selling at a price above its NAV then we will say that fund is selling at premium, while if the fund is selling at a price below its NAV then we will say that fund is selling at discount.

Answer 10

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Answer 11

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Answer 12

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Answer 13

Ch. 4 - Prob. 1PS Ch. 4 - Prob. 2PS Ch. 4 - Prob. 3PS Ch. 4 - Prob. 4PS Ch. 4 - Prob. 5PS Ch. 4 - Prob. 6PS Ch. 4 - Prob. 7PS Ch. 4 - Prob. 8PS Ch. 4 - Prob. 9PS Ch. 4 - Prob. 10PS

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