Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Q 1. Consider the following information regarding the performance of a money manager in a recent month. The table represents the actual return of each sector of the manager's portfolio in column 1. the fraction of the portfolio allocated to each sector in column 2, the benchmark or neutral sector allocations in column 1 and the returns of sector indices in column 4.
Actual Return
Actual Weight
Benchmark Weight
Index Return
Equity
2%
.70
.60
2.5% (S&P 500)
Bonds
1
.20
.30
1.2 (Salomon Index)
Cash
0.5
.10
a. What was the manager's return in the month? What was her overperformance or underperformance?b. What was the contribution of security selection to relative performance?c. What was the contribution of asset allocation to relative performance? Confirm that the sum of selection and allocation contributions equals her total "excess" return relative to the bogey.
Q 2. A global equity manager is assigned to select stocks from a universe of large stocks through, out the world. The manager will be evaluated by comparing her returns to the return on the MSC! World Market Portfolio, but she is free to hold stocks from various countries in whatever proportions she finds desirable. Results for a given month are contained in the following table
Country
Weight In MSCI Index
Manager's Weight
Managers Return in Country
Return of Stock Index for That Country
U.K.
.15
20%
12%
Japan
15
U.S.
.45
.40
10
14
Germany
5
12
a. Calculate the total value added of all the manager's decisions this period.b. Calculate the value added (or subtracted) by her country allocation decisions.c. Calculate the value added from her stock selection ability within countries. Confirm th sum of the contributions to value added from her country allocation plus security self decisions equals total over- or underperformance.
comparative analysis is an important tool in financial analysis.a. explain the usefulness of comparative financial
yesterday brandmart supplies paid its common stockholders a dividend equal to 3 per share. brandmart expects to pay a 5
question 1 mercy medical mega center a tax paying entity has made the decision to purchase a new laser surgical device.
Ashes Divide Corporation has bonds on the market with 13 years to maturity, a YTM of 9.0 percent, and a current price of $1,296.50. The bonds make semiannual payments. What must the coupon rate be on these bonds?
Cass & Company has the following data. What is the firm's cash conversion cycle?
A company's fixed operating costs are $690,000, its variable costs are $3.50 per unit, and the product's sales price is $4.05. What is the company's breakeven point; that is, at what unit sales volume will its income equal its costs? units
What exactly are FELINE PRIDES securities and how are they structured to provide the benefits of both equity and debt? How does the use of these securities create value for CCI? What are the advantages/disadvantages to firms using this security?
Computation of betas for portfolios and compare the risks of these portfolios to the markets and Which portfolio is more risky
The X is a standard item stocked in a Corporation inventory of component parts. Each year the Corporation, on a random basis, uses a bout 2,000 of item X, which costs $25 each.
Alpha Waffles need to expand & increase their market share by 40 percent in the next 2 years. They would need to improve their packaging & spend money on advertising.
Construct a pro forma income statement for the first year and second year for the following assumptions: • Units of Sales in Year 1: 110,000 • Price per Unit: $11.
Three years ago, you entered into a five-year interest rate swap agreement by agreeing to pay a fixed rate of 7 percent in exchange for six-month LIBOR. If your counterparty were to default today when the fixed rate on a new two-year swap is 6.5 ..
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd