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!
Suppose an individual invests $37,000 in a load mutual fund for two years. The load fee entails an up-front commission charge of 4.1 percent of the amount invested and is deducted from the original funds invested. In addition, annual fund operating expenses (or 12b-1 fees) are 0.72 percent. The annual fees are charged on the average net asset value invested in the fund and are recorded at the end of each year. Investments in the fund return 9 percent each year paid on the last day of the year. If the investor reinvests the annual returns paid on the investment, calculate the annual return on the mutual funds over the two-year investment period.
Gluon Inc. is considering the purchase of a new high pressure glueball. It can purchase the glueball for $110,000 and sell its old low-pressure glueball, which is fully depreciated, for $20,000. What is the equivalent annual savings from the purchase..
Year X Y 1 21.7% 26.1% 2 -16.7% -3.7 % 3 9.7% 28.1% 4 19.4% -14.4% 5 4.7 % 32.1% Requirement 1: Calculate the average returns for X and Y. Calculate the variances for X and Y. Calculate the standard deviations for X and Y.
Little Books Inc. recently reported $6 million of net income. Its EBIT was $10.2 million, and its tax rate was 40%. What was its interest expense? find the pretax income. The difference between EBIT and taxable income must be the interest expense.
Use this data table of Campbell Industries liabilities and owners' equity to complete parts a and b. What percentage of the firm's assets does the firm finance using debt (liabilities)? If Campbell were to purchase a new warehouse for $1.3 million a..
Your instructor will assign you to a team whose mission is to develop a quality improvement plan. The first step in developing your plan is to choose a quote that embodies the characteristics of your team. Share your quotes with the other members of ..
Maple Industries has 7 percent bonds outstanding that mature in thirteen years. The bonds pay interest semiannually and have a face value of $1,000. Currently, the bonds are selling for $1,021.16. What is the firm’s pre-tax cost of debt?
You deposit $500 today in a savings account that pays 3.5% interest, compounded annually. How much will your account be worth at the end of 25 years?
A stock has an expected return of 12 percent, its beta is 1.70, and the expected return on the market is 9.4 percent. What must the risk-free rate be? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places..
Shelly Inc. bonds have a coupon rate of 9 percent. the interest rate is paid semiannually, and the bonds mature in 6 years. their par value is $1000. If your required rate of return is 8 percent, what is the value of the bond? What is the value if th..
The Gilbert Instrument Corporation is considering replacing the wood steamer it currently uses to shape guitar sides. The steamer has 6 years of remaining life. If kept, the steamer will have depreciation expenses of $650 for 5 years and $325 for the..
Define and discuss the four types of economic systems. Give examples of countries that utilize these systems. Explain the possible effects of the systems upon the business environment in the countries you chose.
You are saving to buy a $191,000 house. There are two competing banks in your area, both offering certificates of deposit yielding 7.6 percent. How long will it take your initial $108,000 investments to reach th edesired level at First Bank, which pa..
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