Dividends and capital gains distributions over the year

Assignment Help Financial Management
Reference no: EM131360077

Fund was being quoted at an naV of $21.50 and an offer price of $23.35; today, it’s being quoted at $23.04 (naV) and $25.04 (offer). Use the approximate yield formula or a financial calculator to find the rate of return on this load fund; it was purchased a year ago, and its dividends and capital gains distributions over the year totaled $1.05 a share. (Hint: as an investor, you buy fund shares at the offer price and sell at the naV.)

Reference no: EM131360077

Questions Cloud

How would you describe the implications of the research : How would you describe the implications of these research findings for how home, school, and community partnerships are formed and executed in the future?
Importance depending on an individual circumstance : Often people, and in particular younger people, will look to direct pay as an indicator of how "good" a job is.  However, indirect pay can be of even greater importance depending on an individual's circumstance.
Write a response about the given post : An interest inventory that accurately measures a wide variety of individual interests and predicts later occupational entry is said to.
Discuss the relationship between the individual and society : Discuss the relationship between the individual and society the story Yudafu's sinking and Dingning's Day.
Dividends and capital gains distributions over the year : Fund was being quoted at an naV of $21.50 and an offer price of $23.35; today, it’s being quoted at $23.04 (naV) and $25.04 (offer). Use the approximate yield formula or a financial calculator to find the rate of return on this load fund; it was purc..
What is the total cost of these assignments : Jamison Day Consultants has been entrusted with the task of evaluating a business plan that has been divided into four sections-marketing, finance, operations, and human resources, What is the total cost of these assignments
Define single-phase power three-phase power and energized : Define the Single-Phase Power, Three-Phase Power, Conductive and Energized. Each definition should be briefly cited (from where did you get the definition). No Wikipedia, only academic sources. USE NFPA 70E book and you can find all the term there.
What did religious taoism offer that confucianism did not : Complete the given paper assignment.- What did Religious Taoism offer that Confucianism did not?- Include citations and sources used in MLA format.
Emulate in your own digital literacy narrative : Which of the two narratives did you prefer? Why - what common features did you notice across the narratives you read?

Reviews

Write a Review

 

Financial Management Questions & Answers

  Bonds on market making annual payments

Barnes Enterprises has bonds on the market making annual payments, with 14 years to maturity, a par value of $1,000, and a price of $972. At this price, the bonds yield 8.4 percent. What must the coupon rate be on the bonds?

  Is the volatility of the dollar return to an investment

Is the volatility of the dollar return to an investment in the Japanese equity market the sum of the volatility of the Japanese equity market return in yen plus the volatility of dollar/yen exchange rate changes? Why or why not?

  How the information requirement is determined for an

Explain DFD & Data Dictionary? Explain in detail how the information requirement is determined for an organization? What is MIS? Define the characteristics of MIS? What are the basic functions of MIS? Give some disadvantage of MIS? Explain Knowledge ..

  What would cost of equity be if debt–equity ratio were zero

Weston Industries has a debt–equity ratio of 1.2. Its WACC is 9.4 percent, and its pretax cost of debt is 6.5 percent. The corporate tax rate is 35 percent. What is the company’s cost of equity capital? What would the cost of equity be if the debt–eq..

  Common stock of marielle machinery

The common stock of Marielle Machinery will generate the following payoffs to investors next year:

  Calculate NPV and IRR for each machine

The MIT Whitehead Institute must choose between two cDNA microarray machines to expand their high-throughput genomic laboratory. Both of these machines have the same function, and the firm will only choose on vendor from which to purchase their machi..

  What is the accumulated sum of the stream of payments

What is the accumulated sum of the following stream of payments? You have accumulated some money for your retirement. You are going to withdraw $87,617 every year at the beginning of the year for the next 16 years starting from today.

  Addition to the annual operating cash flow for that year

Assuming that the average ice cream store has a life of about 10 years, what is the NPV of opening a new store if the required rate of return in this business is 10%? You may assume that the $250,000 in initial inventory will be recovered at the end ..

  Company adheres to a constant rate of growth dividend policy

SP Enterprises will pay an annual dividend of $2.08 a share on its common stock next year. Last week, the company paid a dividend of $2.00 a share. The company adheres to a constant rate of growth dividend policy. What will one share of SP common sto..

  Assume that the required reserve ratio

Assume that the required reserve ratio=8%. Customers of ABC bank have, in aggregate, deposited $6 million in their checking and saving accounts on day 1. What is the most that ABC bank can lend out to other customers on day 1 and still meet reserve r..

  What impact will each of the four policies have

What impact will each of the four policies above have on the systematic risk of the portfolio of assets held by the firm.

  What is net present value of refinancing

Suppose that five years ago you borrowed $500,000 using a 30-year fixed-rate mortgage with an annual interest rate of 8% with monthly payments and compounding. What is the net present value of refinancing if you make all of the scheduled payments on ..

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