Turnover% = (amount sold or bought)/total fund value
=(60*200000+150*250000)/425000000 = 11.65%
Question 1 2 pts The Capital Fund has $425 million assets under management. During the year...
Your portfolio has $525 million assets under management. During the year your fund sold 200,000 shares of ABC at $60 per share and sold 250,000 shares of DEF at $150 per share. It originally bought ABC for $54 per share and DEF for $125 per share. Your capital gains tax is 15%. What is your total tax liability for these transactions?
1-A mutual fund has total assets of $781 million, total liabilities of $11 million, and a total number of shares of 84 million. What is the fund's net asset value (NAV) per share? 2-You purchased 100 shares of stock for a share price of $15.57. You sold the stock two years later for a share price of $18.36. You also received total dividend payments of $0.34 per share. What was your total return on your investment?
For simplicity, suppose a mutual fund only owns shares of two stocks: 1 million shares of WMT, currently worth $108 per share and 2 million shares of NKE at $80 per share. The fund has accrued liabilities (mostly unpaid management fees) of $2 million. The fund has 5 million units outstanding. What is the NAV?
QUESTION 9 Consider a mutual fund with 171 million dollars in assets at the start of the year, and 29 millon shares outstanding. If the gross annual return last year was 13.4 percent, and the fund charges a total expense ratio of 1.7 percent of end-of-year value, what is the net return to investors? Enter answer in percents, accurate to two decimal places. QUESTION 10 A mutual fund has 389 million dollars in assets, 80 million in liabilities, and 20...
Question 11 1 pts Last year, Derrick purchased 150 shares on WXYZ Corp. for $43.50. One year later, the stock prices increased to $45.80 and each share paid $1.60 in dividend. What is Derrick's total dollar return? $230 $340 o $585 $240 D Question 12 1 pts Let's say Tim invested 40% of his money to buy ABC Corp.'s shares and 60% of his money to buy DEF Corp's shares in 2013. From 2014 to 2017, ABC Corp. generated the...
please solve question 2, 3, 4, and 5.
2. XYZ, Inc. has issued 2 million new shares of stock. An investment bank agrees to underwrite these shares on a best-efforts basis. The investment bank is able to sell 1.4 million shares for $34 per share, and it charges XYZ $0.75 per share sold. How much money does XYZ receive? What is the profit to the investment bank? What is the stock price of XYZ? 3. What is the adverse selection...
1. During the year 2017, the ABC company had sales of $1,000, cost of goods sold of $400, depreciation of $100, and interest paid of $150. Using a 34% corporate tax rate, and assuming all taxes are paid the year they are due, construct BC’s income statement for 2017. 2. The ABC Company had 100 shares of outstanding common stock at the end of 2017. Total dividends paid for 2017 were $120. Compute earnings per share (EPS) and dividends per...
please answer 5-9 1. During the year 2017, the ABC company had sales of $1,000, cost of goods sold of $400, depreciation of $100, and interest paid of $150. Using a 34% corporate tax rate, and assuming all taxes are paid the year they are due, construct BC’s income statement for 2017. 2. The ABC Company had 100 shares of outstanding common stock at the end of 2017. Total dividends paid for 2017 were $120. Compute earnings per share (EPS)...
Question 6 1 pts Assume a firm has a book value of assets equal to two times the book value of owner’s equity. Sales are ten times owner’s equity. The profit margin is two percent. What is the firm’s ROA? four percent five percent eight percent ten percent twenty percent Question 7 1 pts You need $2,000 to buy a new stereo for your car. If you have $800 to invest at 5% compounded annually, how long will you have...
QUESTION 2 (30 marks) Ellesmere Limited entered into the following transactions during the year ended 31 December 20X3 (1) Entered into a speculative interest rate option costing N$ 10 000 on 1 January 20X3 to borrow N$ 6 000 000 from AB Bank commencing 31 March 20X5 for 6 months at 4%. The value of the option was N$ 15 250 (2) Purchased 6% debentures in FG Limited on 1 January 20X3 (their issue date for N$ 150 000 as...