User Account

All Pages

What is the net asset value per share for cirrus

Assignment Help Finance Basics
Reference no: EM132200168

Cirrus Mutual Fund contains the following stocks in its portfolio including the number of shares and price per share of each stock.

  • Stock A: 100 shares; $15 per share.
  • Stock B: 50 shares; $30 per share.
  • Stock C: 220 shares; $12 per share.
  • Stock D: 30 shares; $45 per share.

The fund has issued 550 mutual fund shares to its investors and cash on hand is $2,025 (interest and dividends less expenses). What is the net asset value per share for Cirrus?

  • $16.39
  • $17.42
  • $18.11
  • $17.73

Reference no: EM132200168

Questions Cloud

Large proportion of its assets to invest : Bank A has a 10 percent capital ratio and uses a large proportion of its assets to invest in very highly-rated bonds. Bank B has an 12 percent capital ratio
What is cost of new common equity : (a) what is the company's cost of retained earnings? (b) What is its cost of new common equity?
Explain the effectiveness of the recent us fiscal policy : What are problems that governments may encounter in enacting and applying fiscal policy? Explain the effectiveness of the recent U.S. fiscal policy.
Applying the building blocks of collaboration : "How successful was Joe in applying the building blocks of collaboration? Explain your rationale"
What is the net asset value per share for cirrus : The fund has issued 550 mutual fund shares to its investors and cash on hand is $2,025 (interest and dividends less expenses).
How much will your a count be worth at the end of 40 years : You deposit 500.00 today in a savings account that pays 6%interest, compounded annually. How much will your a count be worth at the end of 40 years.
Delivery of products called for under their contract : Very Big Company, Inc. and Smaller Company, LLC are locked in a dispute over the delivery of products called for under their contract.
Fidelity mutual fund charges a one-time : Fidelity Mutual Fund charges a one-time 6.8% upfront load plus reports an expense ratio of 1.24%.
What price profit maximising monopolist charge for vaccine : What price would a profit maximising monopolist charge for a vaccine? What are the monopoly profits on the vaccine? What is the efficient outcome.

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the policy of import substitution

1. What is the policy of import substitution? Has this policy worked for the developing countries? If not, what are the problems of this policy?

  Which scenario might prompt hamilton to bypass

Which scenario might prompt Hamilton to bypass a specific issue due to its rating?

  The company uses straight-line method to calculate its

kahn industry inc. decides to add a new machine to its assembly line. the new machine costs 120000 with a useful life

  Checkmark which customer requirements

Fill the following table for cookies sold in a bakery. Indicate by a checkmark which customer requirements and which technical requirements are related. Use "√" to show the relation and "x" to indicate that there is no relation.

  Payment using a forward contract

a. How would the firm hedge the risk associated with the payment using a money market hedge? b. How would the firm hedge the risk associated with the payment using a forward contract? c. How would the firm hedge the risk associate with the payment us..

  What is the highest dividend tax rate of an investor

What is the highest dividend tax rate of an investor

  Transfer accounts and balances to a spreadsheet worksheet

Note that Cooperstown is a service company so there is no cost of goods sold in its chart of accounts. Also, assume that all the liabilities are current liabilities. Keep in mind that you should not report any accounts without balances in your sta..

  From the perspective of a senior business executive are

from the perspective of a senior business executive are cash dividends paid to shareholders good or bad or both good

  In the calculations round normal distribution values to 4

use the black scholes model to find the price for a call option with the following inputs current stock price 28 strike

  Should you borrow on a long-term or a short-term basis

Suppose you believe that the economy is just entering a recession. Your firm must raise capital immediately, and debt will be used. Should you borrow on a long-term or a short-term basis? Why?

  Goal of the firm

1. The goal of the firm should be

  Describe use case dependency for making an account transfer

Describe (in a one to two page narrative) a use case dependency for making an account transfer. Illustrate this use case with Visio or a similar product.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd