How many shares could she have purchased

Reference no: EM131299874

1. Amount of Shares Purchased. Hope invested $9,000 in a mutual fund when the price per share was $30. The fund has a load fee of $300. How many shares did she purchase?

2. Amount of Shares Purchased. If Hope (from problem 1) had invested the same amount of money in a no-load fund with the same price per share, how many shares could she have purchased?

Reference no: EM131299874

Questions Cloud

Calculate the value of the buffelhead american put : Would you ever want to exercise an American put early?- Calculate the value of the Buffelhead American put.- Calculate the value of the put if it had been European-style.

Discuss catering for eal/d students language : Discuss Catering for EAL/D Students' Language Needs in Prep Class: Classroom Teachers Perspectives and Practices

Issue related to information technology ethics : For this assignment, you will research an issue related to information technology ethics. You may want to select a topic you feel will have an impact on your professional life. Your paper will be a minimum of three pages long (not including a titl..

Compute the pi statistic for project z : Compute the PI statistic for Project Z if the appropriate cost of capital is 7 percent.

How many shares could she have purchased : Amount of Shares Purchased. If Hope (from problem 1) had invested the same amount of money in a no-load fund with the same price per share, how many shares could she have purchased?

Provide one practical application of series circuits : Provide one practical application of series circuits. In a series circuit, discuss why does the largest R dissipates the most power. Why would it be important to know this?

Demonstrates a favorable irc section 338 : Examine at least one benefit of a Section IRC 338 liquidation election for a target corporation. Create a situation which demonstrates a favorable IRC Section 338 liquidation election for a target corporation.

Define what we mean by money and how it is used in the day : Define what we mean by money and how it is used in the day to day functioning of the U.S. economy. Be sure to include the major components that make up what is defined as money and which of these components is used most widely to identify what mo..

Write a class named employee that holds the data of employee : Write a class named Employee that holds the following data about an employee in attributes: name, ID number, department, and job title.

User Account

All Pages