What is shellys first year return net of loads and expenses

Assignment Help Financial Management

Reference no: EM132063846

Question

This year Shelly invested $15,000 in a mutual fund with a 4% front end load and estimated annual expenses of 1.25%. The fund's gross return is 16.0%. What is Shelly's first year return net of loads and expenses if expenses are calculated against ending NAV?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132063846

Questions Cloud

How much new long-term debt financing will be needed : At year-end 2013, Wallace Landscaping's total assets were $1.8 million and its accounts payable were $375,000.

Explain the concepts of equilibrium of a reaction : Explain the concepts of equilibrium of a reaction verses rate of reaction using carbonic anhydrasee catalyzed reaction as an example. Please show a graph too.

How much did the company spend to buy new fixed assets : The market value of assets sold was $37,500 and the market value of ending net fixed assets is $154,250. How much did the company spend to buy new fixed assets?

Compute the total percentage return on a per year basis : During the year, you received dividens of $2.50 per share. The stock currently sells for $33.50 per share. Show all work.

What is shellys first year return net of loads and expenses : What is Shelly's first year return net of loads and expenses if expenses are calculated against ending NAV?

Prepare microns income statement beginning with income : In 2014, Micron's accountant omitted the annual adjustment for patent amortization expense of $132,000. The error was not discovered until December 2016.

Compute the dividend yield : A year ago you bought 100 shares of bradley corp. common stock for $32 per share. During the year, you received dividends of $2.50 per share.

What will the concentration of b be at equilibrium : At 25 °C and at equilibrium the concentration of A is 0.001 M. What will the concentration of B be at equilibrium?

Find the annual equal payment : What is the present worth at 10% per year interest? Find A and G and use.

User Account

All Pages