User Account

All Pages

Percentage of the original investment

Assignment Help Macroeconomics
Reference no: EM131081633

Serena bought unit trusts and invested for income. She invested £42,000 in a unit trust with an offer price of £75 per unit, and sold the units after 3 years at the same price. During this period she received income from the units of £9,744. This income was not reinvested in units.

Calculate:

(a) the number of units purchased

(b) the percentage yield per annum

(c) the (3 year) income per unit.

Serena had to pay the following charges:

Fee on purchase: 0.2% of the sum invested

Fee on sale: 0.3% of the sum received

Fund management fees of £525

Calculate:

(d) the total charges paid

(e) the total charges as a percentage of the original investment

(f) Serena's income net of fees.

Reference no: EM131081633

Questions Cloud

Determine the potential at the midpoint of each of the side : Determine the potential at the midpoint of each of the sides.
What would dso be if all customers paid on time : Lamar Lumber Company has sales of $11 million per year, all on credit terms calling for payment within 30 days; and its accounts receivable are $1.65 million. What would DSO be if all customers paid on time? How much capital would be released if Lama..
Find a particular solution of the equation of motion : Find a particular solution of the equation of motion.
Percentage of the original investment : Serena bought unit trusts and invested for income. She invested £42,000 in a unit trust with an offer price of £75 per unit, and sold the units after 3 years at the same price. During this period she received income from the units of £9,744. This ..
Write reflection paper about business ethics : I chose this subject due to the increasing concern of organizations towards their role in the society. At present, my perspective view about business ethics has tremendously changed as per the feedback provided by the diagnostic tools
Futures and forward contracts to create macrohedge : Consider the following balance sheet (in millions) for an FI: Assets Liabilities Duration = 11 years $850 Duration = 2 years $740 Equity 110. What is the FI’s duration gap? What is the FI's interest rate risk exposure? How can the FI use futures and ..
Career development system : What are the individual and organizational benefits of a formalized career development system?
Price of cable television : Suppose the demand for Digital Video Recorders (DVRs) is given by Q = 250 - .25p + 4pc, where Q is the quantity of DVRs demanded (in 1000s), p is the price of a DVR, and pc is the price of cable television.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Monetary system and international trade

What is relationship between monetary system and international trade in USA. What is relationship between monetary system and international economic in USA.

  Why do you think companies invested in this janitor insurace

Your friend tells you that she read an article about something called “janitor's insurance.” The article said that companies took out life insurance policies on some, if not all, of their employees

  Manufacturing costs for the manufacturing capacity

Kobil Co. has 2 products that use the same manufacturing facilities and cannot be subcontracted. Each product has sufficient orders to utilize the entire manufacturing capacity. For short-run profit maximization, Kobil should manufacture the produ..

  Estimate the optimal foreign economic policy of a hegemon

Use both offer curves and a two by two payoff matrix, estimate the optimal foreign economic policy of a hegemon.

  Illustrate what trends do you see in the data sets

Illustrate what trends do you see in the data sets. What would you say to Support your assertions of trends with statistical evidence.

  National debt on the american economy

Discuss the impact of the national debt on the American economy. Use principles and concepts you have learned in this macroeconomics class.

  Which gift certificate leads a consumer to purchase

In a situation in which a gift certificate leads a consumer to purchase a greater quantity of an inferior good than he or she would consume if given a cash gift of equal value. Is this always the case

  Explain a market for meals in a school cafeteria

Consider a market for meals in a school cafeteria. Suppose that in this market only one seller (the school foodservice unit) can sell meals to an unlimited number of students. What is the price elasticity of demand at p=4 at that price

  Evaluate the governors plan to reduce juvenile delinquency

In a recent speech, the governor of your state announced: "One of the biggest causes of juvenile delinquency in this state is the high unemployment among 16 to 19 year olds. The low wages offered by employers in the state have given fewer teenager..

  Where is the most cost efficient to be run by one company

In a traditional monopoly, all or most sales are in a market are undertaken one company. In a natural monopoly, the cost-technology of an industry where is is most cost efficient to be run by one company and a good example of this would be public ..

  Illustrate what are possible causes of a movement up

Illustrate what are possible causes of a movement up or down along the demand curve. What are possible causes of a movement up or down along the supply curve.

  Finding economic profit or loss

At a product price of $56, will this company produce in the short run explain why or why not? If it is preferable to produce, what will be the profit-maximizing or loss minimizing output

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