What is the dollar amount of fees or expense ratio

Assignment Help Financial Management
Reference no: EM131020829

The Yamaha Aggressive Growth fund has a 1.78 percent expense ratio. a. If you invest $15,000 in this fund, what is the dollar amount of fees (expense ratio) that you would pay this year? b. Based on the information in this chapter, the lecture, and your own research, is this a low, average, or high expense ratio?

Reference no: EM131020829

Questions Cloud

Three key figures on the cash flow statement : Which of the three key figures on the Cash Flow Statement is the most important for assessing the financial health of the business? Select one: a. Cash flow from investing activities b. Cash flow from financing activities c. Cash flow from operating ..
Expectation of the rate of return on the stock : Investors expect the market rate of return this year to be 13.50%. The expected rate of return on a stock with a beta of 1.7 is currently 22.95%. If the market return this year turns out to be 11.20%, how would you revise your expectation of the rate..
Alteran corporation purchased office equipment : Alteran Corporation purchased office equipment for $1.3 million in 2013. The equipment is being depreciated over a 8-year life using the sum-of-the-years'-digits method.
How much profit did he make on his investment : Jason Mathews purchased 150 shares of the Hodge & Mattox Energy fund. Each share cost $24.25. Fifteen months later, he decided to sell his shares when the share value reached $28.50. a. What is the amount of his total initial investment? b. What was ..
What is the dollar amount of fees or expense ratio : The Yamaha Aggressive Growth fund has a 1.78 percent expense ratio. a. If you invest $15,000 in this fund, what is the dollar amount of fees (expense ratio) that you would pay this year? b. Based on the information in this chapter, the lecture, and y..
What is the expected return and standard deviation of return : You manage an equity fund with an expected risk premium of 11.6% and a standard deviation of 30%. The rate on Treasury bills is 6.2%. Your client chooses to invest $60,000 of her portfolio in your equity fund and $140,000 in a T-bill money market fun..
A lease agreement calls for quarterly lease payments : What would be the amount of interest revenue the lessor would record in conjunction with the second quarterly payment at October 1?
Sales growth rate and price to earnings ratio : Besides the Gross Margin ratio, Sales growth rate and price to earnings ratio, are there others you would think important to The Apple Company? What are they and how are they important?
Sell it immediately after receiving the fourth coupon : Suppose you purchase a ten-year bond with 6% annual coupons. You hold the bond for four years, and sell it immediately after receiving the fourth coupon. If the bond’s yield to maturity was 5% when you purchased and sold the bond. What cash flows wil..

Reviews

Write a Review

Financial Management Questions & Answers

  Plow back its earnings to fuel growth

Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the stock over the next nine years because the firm needs to plow back its earnings to fuel growth. The company will pay a $10 per share dividend in 10 years and will..

  Bonds payable is amortized using effective-interest method

Sasha Corporation issued $400,000 face value, ten-year, 10% bonds on January 1, 2017, for $453,680. The bonds pay interest annually on January 1 and the effective interest rate is 8%. Assuming that the premium on bonds payable is amortized using the ..

  Explain capital asset pricing model

Security A has an expected rate of return of 6%, a standard deviation of returns of 30%, a correlation coefficient with the market of -0.25, and a beta coefficient of -0.5. Security B has an expected return of 11%

  Compute the bonds expected rate of returndetermine the

you own a 20-year 1000 par value bond paying 7 interest annually the market price of the bond is 875 and your required

  What is the yield to call for these bonds

Atlantis Fisheries issues zero coupon bonds on the market at a price of $513 per bond. These are callable in 5 years at a call price of $570. Using semiannual compounding, what is the yield to call for these bonds?

  Growing quickly-what is the current share price

Janicex Co. is growing quickly. Dividends are expected to grow at a rate of 26 percent for the next three years, with the growth rate falling off to a constant 8 percent thereafter. If the required return is 15 percent and the company just paid a div..

  The equal credit opportunity act prohibits discrimination

The Equal Credit Opportunity Act prohibits discrimination in the lending process based on

  What is an estimate of the price of the stock

ABC Co. presently does not pay a dividend, but is expected to pay a dividend in year 3 of $.75 and the dividend then will increase at a constant rate of 5% annually. The rate of return is 10%. What is an estimate of the price of the stock today?

  What is the standard deviation of portfolio consisting

Stocks A and B have standard deviations of 8% and 15% respectively. the correlation between the two stocks returns has historically been .35. what is the standard deviation of a portfolio consisting of 60% invest in stock A and 40% invest in stock b?

  Assume that lai cannot carry losses forward or backward

Would liability insurance with a $10 million limit for a premium of $225,000 increase expected after-tax earnings for this coming year? (Assume the negative earnings are taxed at a rate of zero percent)."

  Firm is operating under conditions of capital rationing

Estimating weighted cost of capital. Assume the following percentage capital structure is considered optimal for this firm. The firm is operating under conditions of capital rationing and therefore will not sell new stock to the public. What is the w..

  About the expected return

T. Martell Inc.'s stock has a 50% chance of producing a 30% return, a 35% chance of producing a 9% return, and a 15% chance of producing a -25% return. What is Martell's expected return?

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