ZuoTi.Pro
Question

NET ASSET VALUE NET ASSET VALUE Funds Assets / Outstanding Shares = NAV Funds Assets /...

NET ASSET VALUE NET ASSET VALUE
Funds Assets / Outstanding Shares = NAV Funds Assets / Outstanding Shares = NAV
Stock Shares Cur Value Total $ Stock Shares Cur Value Total $
TFD 100 $11.08 TFD 125 $12.50
ASX 125 $15.00 ASX 200 $10.00
XC 300 $11.00 XC 500 $13.00
VTY 122 $23.00 VTY 135 $22.00
Funds Assets Funds Assets
Funds Shares 1000 Funds Shares 1000
NAV NAV
Premium or Discount of CEF Premium or Discount of CEF
(Share Price - NAV) / NAV (Share Price - NAV) / NAV
CEF Share Price $10.18 CEF Share Price $6.25
Premium or Discount % Premium or Discount %
NET ASSET VALUE NET ASSET VALUE
Funds Assets / Outstanding Shares = NAV Funds Assets / Outstanding Shares = NAV
Stock Shares Cur Value Total $ Stock Shares Cur Value Total $
TFD 100 $14.25 TFD 200 $20.00
ASX 125 $12.25 ASX 250 $5.00
XC 300 $15.00 XC 100 $10.00
VTY 122 $35.00 VTY 300 $25.00
Funds Assets Funds Assets
Funds Shares 1000 Funds Shares 1000
NAV NAV
Premium or Discount of CEF Premium or Discount of CEF
(Share Price - NAV) / NAV (Share Price - NAV) / NAV
CEF Share Price $11.25 CEF Share Price $10.00
Premium or Discount % Premium or Discount %
business   finance   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

The compeleted calculations are as follows:

NET ASSET VALUE NET ASSET VALUE
Funds Assets / Outstanding Shares = NAV Funds Assets / Outstanding Shares = NAV
Stock Shares Cur Value Total $ Stock Shares Cur Value Total $
TFD 100 $11.08 $1,108.00 TFD 125 $12.50 1562.5
ASX 125 $15.00 $1,875.00 ASX 200 $10.00 2000
XC 300 $11.00 $3,300.00 XC 500 $13.00 6500
VTY 122 $23.00 $2,806.00 VTY 135 $22.00 2970
Funds Assets $9,089.00 Funds Assets 13032.5
Funds Shares 1000 Funds Shares 1000
NAV $9.09 NAV 13.0325
Premium or Discount of CEF Premium or Discount of CEF
(Share Price - NAV) / NAV (Share Price - NAV) / NAV
CEF Share Price $10.18 CEF Share Price $6.25
Premium or Discount % -10.72% Premium or Discount % 108.52%
NET ASSET VALUE NET ASSET VALUE
Funds Assets / Outstanding Shares = NAV Funds Assets / Outstanding Shares = NAV
Stock Shares Cur Value Total $ Stock Shares Cur Value Total $
TFD 100 $14.25 $1,425.00 TFD 200 $20.00 $4,000.00
ASX 125 $12.25 $1,531.25 ASX 250 $5.00 $1,250.00
XC 300 $15.00 $4,500.00 XC 100 $10.00 $1,000.00
VTY 122 $35.00 $4,270.00 VTY 300 $25.00 $7,500.00
Funds Assets $11,726.25 Funds Assets $13,750.00
Funds Shares 1000 Funds Shares 1000
NAV $11.73 NAV $13.75
Premium or Discount of CEF Premium or Discount of CEF
(Share Price - NAV) / NAV (Share Price - NAV) / NAV
CEF Share Price $11.25 4.23% CEF Share Price $10.00 37.50%
Premium or Discount % Premium or Discount %

Total values are the product of shares and current value.

Fund assets are the sum of all Total values (4 in number)

NAV=Fund assets/1000 (Fund shares)

Premium percentage is calculated as per formula provided.

Book1 (version 1) - AutoRecovered - Excel View Add-ins HelpTell me what you want to do Currency Imran Khan File Home Insert Page Layout Formulas Revie Share Comments Cut AutoSum A ドA Merge & Center . | $ . % , il Paste Conditional Format as Cell Formatting Table Styles nsert Delete Format Sort & Find & Filter-Select Format Painter Clear- Clipboard Alignment Number Cells Editing SUM G11 H11 NET ASSET VALUE NET ASSET VALUE Funds Assets / Outstanding Shares = NAV Funds Assets / Outstanding Shares NAV Stock Shares Value TFD ASX Stock Shares TFD ASX Total S Value Total s 10 100 $11.08-G11 H11 125 $15 300 $11.00$3,300 122 125 $12 $10 S13 135 $22 1562.5 12 $1,875 13 297 Funds Assets Funds Shares NAV Funds Assets Funds Shares NAV $9,089 16 17 S9 Sheet1 Sheet2 3:37 AM O Type here to search ^恤 1) / ENG 1/16/2019Book1 (version 1) - AutoRecovered - Excel Imran Khan 困 Home Insert Page Layout Formulas Data Review View Add-ins Help Tell me what you want to do Share Comments Cut AutoSum A Currency Merge & Center . | $ . % , il Paste Conditional Format as Cell Formatting Table Styles nsert Delete Format Sort & Find & Format Painter ClearFilter Select Clipboard Alignment Number Cells Editing SUM 115/116 (2 NET ASSET VALUE NET ASSET VALUE Funds Assets/Outstanding Shares NAV Funds Assets / Outstanding Shares NAV Stock Shares value ur Total S Car Value Total s Stock Shares 10 TFD TFD IIT) 125 $15.00$1,875 300 $11.00$3,300 S2,806 12 ASX 1300 13 135 $22 297 Funds Assets Funds Shares $9,089.00 1000 Funds Assets Funds Shares NAV 16 17 15116 Screenshot saved The screenshot was added to your OneDrive. Sheet Sheet2 3:37 AM O Type here to search ) aENG 16219 21Book1 (version 1) - AutoRecovered - Excel View Add-ins HelpTell me what you want to do Percentage Imran Khan File Home Insert Page Layout Formulas Revie Share Comments Cut Σ AutoSum . A ドA Merge & Center . | $ . % , il Paste Conditional Format as Cell Formatting Table Styles nsert Delete Format Sort & Find & Format Painter Clear Filter Select Clipboard Alignment Number Cells Editing SUM Stock Shares Value TFD ASX ХС Total S Total S StockShares TFD ASX xC 10 Value 25$12.5 100 $11.08$1,108 $1,875 $3,300 $2,806 1562.5 125 $15 300 $11 122 $23.0 $10 $13 12 2970 13032.5 Funds Assets Funds Shares NAV Funds Assets Funds Shares NAV S9.09l 13.0325 Premium or Discount of CEF Share Price NAV NAV Premium or Discount of CEF (Share Price - NAV) / NAV 20 21 CEF Share Price$10.18 Premium or Discount % CEF Share Price Premium or Discount % 23 S6.25 24 (17/H23)1 108.52% 26 Sheet1 Sheet2 3:37 AM O Type here to search ) aENG 16219 21

0 0
Add a comment
Know the answer?
Add Answer to:
NET ASSET VALUE NET ASSET VALUE Funds Assets / Outstanding Shares = NAV Funds Assets /...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • m The formula for computing the net asset value (NAV) of a mutual fund is: NAV=...

    m The formula for computing the net asset value (NAV) of a mutual fund is: NAV= liabilities/net worth NAV- liabilities/outstanding stock NAV= net worth/outstanding stock NAV= assets/liabilities There are seven basic principles all insurance companies are subject to and include A) there must be a relationship between the insured and the beneficiary. B) the insured can profit as a result of the insurance coverage. C) the loss must be quantifiable. both A) and C)

  • Problem 4-9 Closed-End Funds (LO2, CFA3) A closed-end fund has total assets of $255 million and...

    Problem 4-9 Closed-End Funds (LO2, CFA3) A closed-end fund has total assets of $255 million and liabilities of $120,000. Currently, 12 million shares are outstanding. What is the NAV of the fund? If the shares currently sell for $20.00, what is the premium or discount on the fund? (A negative value should be indicated by a minus sign. Do not round intermediate calculations. Round the NAV answer to 2 decimal places. Enter the premium or discount as a percent rounded...

  • 3) Consider a no-load mutual fund with the net asset value (NAV) of $10 at the...

    3) Consider a no-load mutual fund with the net asset value (NAV) of $10 at the start of the year. At the end of the year, the mutual fund has $240 million in assets with 22 million shares and its total expense ratio is 1%. 1) What is the NAV at the end of the year? Please take into account the expense ratio.(20points) During the year investors have received income distributions of Si per share and capital gain distributions of...

  • 24. A closed-end fund has total assets of $240 million and liabilities of 110,000. There are...

    24. A closed-end fund has total assets of $240 million and liabilities of 110,000. There are ll million shares outstanding. If the shares currently sell for $19.25, what is the premium or discount on the fund? A) A discount greater than 5% A discount less than 5% It is trading at the Net Asset Value [NAV] A premium less than 5% E A premium greater than 5%

  • QUESTION 18 Assume a REIT has net debt of $700M, and goM shares outstanding. Both the stock price and NAV/share = to $3...

    QUESTION 18 Assume a REIT has net debt of $700M, and goM shares outstanding. Both the stock price and NAV/share = to $3-37 and a fair cap rate for the portfolio is 8.5%. What is the implied NOI? $100M $102.5M $85.3M $110.0M

  • QUESTION 9 Closed-end fund shares most commonly sell: a. At the fund's net asset value. b....

    QUESTION 9 Closed-end fund shares most commonly sell: a. At the fund's net asset value. b. At a premium to the fund's net asset value. c. At a discount to the fund's net asset value. d. At a price-to-earnings ratio between 15 and 16 times. QUESTION 10 Smith Funds are a group of equity mutual funds that include Smith Growth, Smith Emerging Market, and Smith Balanced. The group of funds is most likely referred to as: a. Exchange-traded funds. b....

  • A closed-end fund starts the year with a net asset value of $15. By year-end, NAV...

    A closed-end fund starts the year with a net asset value of $15. By year-end, NAV equals $15.40. At the beginning of the year, the fund is selling at a 2% premium to NAV. By the end of the year, the fund is selling at a 7% discount to NAV. The fund paid year-end distributions of income and capital gains of $1.80. a. What is the rate of return to an investor in the fund during the year? Rate of...

  • A closed-end fund starts the year with a net asset value of $24. By year-end, NAV...

    A closed-end fund starts the year with a net asset value of $24. By year-end, NAV equals $25.30. At the beginning of the year, the fund is selling at a 2% premium to NAV. By the end of the year, the fund is selling at a 7% discount to NAV. The fund paid year-end distributions of income and capital gains of $2.70. a. What is the rate of return to an investor in the fund during the year? (Do not...

  • A closed-end fund starts the year with a net asset value of $18. By year-end, NAV...

    A closed-end fund starts the year with a net asset value of $18. By year-end, NAV equals $18.70. At the beginning of the year, the fund is selling at a 2% premium to NAV. By the end of the year, the fund is selling at a 7% discount to NAV. The fund paid year-end distributions of income and capital gains of $2.10. a. What is the rate of return to an investor in the fund during the year? (Do not...

  • A closed-end fund starts the year with a net asset value of $24. By year-end, NAV...

    A closed-end fund starts the year with a net asset value of $24. By year-end, NAV equals $25.30. At the beginning of the year, the fund is selling at a 2% premium to NAV. By the end of the year, the fund is selling at a 7% discount to NAV. The fund paid year-end distributions of income and capital gains of $2.70. a. What is the rate of return to an investor in the fund during the year? (Do not...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT