The Closed Fund is a closed-end investment company with a portfolio currently worth $180 million. It...
The Closed Fund is a closed-end investment company with a
portfolio currently worth $180 million. It has liabilities of $6
million and 12 million shares outstanding.
a. What is the NAV of the fund?
b. If the fund sells for $15 per share, what is its premium or discount as a percent of net asset value? (Input the amount as a positive value. Round your answer to 2 decimal places.)
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The Closed Fund is a closed-end investment company with a
portfolio currently worth $180 million. It...
The Closed Fund is a closed-end investment company with a portfolio currently worth $255 million. It...
The Closed Fund is a closed-end investment company with a portfolio currently worth $255 million. It has liabilities of $3 million and 5 million shares outstanding a. What is the NAV of the fund? (Round your answer to 2 decimal places.) NAV $ b. If the fund sells for $47 per share, what is its premium or discount as a percent of NAV? (Input the amount as a positive value. Round your answer to 2 decimal places.) The fund sells...
The Closed Fund is a closed-end investment company with a portfolio currently worth $235 million. It...
The Closed Fund is a closed-end investment company with a portfolio currently worth $235 million. It has liabilities of $2 million and 5 million shares outstanding. a. What is the NAV of the fund? (Round your answer to 2 decimal places.) NAV $C b. If the fund sells for $43 per share, what is its premium or discount as a percent of NAV? (Input the amount as a positive value. Round your answer to 2 decimal places.) The fund sells...
c) The Stone Harbor Fund is a closed-end investment company with a portfolio currently worth $300...
c) The Stone Harbor Fund is a closed-end investment company with a portfolio currently worth $300 million. It has liabilities of $5 million and 9 million shares outstanding. If the fund sells for $30 a share, what is its premium or discount as a percent of NAV? (8 points) 1b) Consider a no-load mutual fund with $200 million in assets and 10 million shares at the start of the year and with $250 million in assets and 11 million shares...
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...
i need help with these 3 questions 11,12,13 11. Fund S is a closed-end investment company...
i need help with these 3 questions
11,12,13
11. Fund S is a closed-end investment company with a portfolio currently worth $300 million. It has liabilities of $5 million and 9 million shares outstanding. If the fund sells for $30 a share, what is its premium or discount as a percent of NAV? A. 9.26% premium B. 8.47% premium C. 9.26% discount D. 8.47% discount Answer: 12. Mutual funds that hold both equities and fixed-income securities in relatively stable proportions...
i need help with these 3 questions 11,12,13 11. Fund S is a closed-end investment company...
i need help with these 3 questions
11,12,13
11. Fund S is a closed-end investment company with a portfolio currently worth $300 million. It has liabilities of $5 million and 9 million shares outstanding. If the fund sells for $30 a share, what is its premium or discount as a percent of NAV? A. 9.26% premium B. 8.47% premium C. 9.26% discount D. 8.47% discount Answer: 12. Mutual funds that hold both equities and fixed-income securities in relatively stable proportions...
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%
Just part C The Twenty-First Century closed-end fund has $350 million in securities, $8 million in...
Just part C
The Twenty-First Century closed-end fund has $350 million in securities, $8 million in liabilities and 20 million shares outstanding. It trades at a 10 percent discount from net asset value (NAV). a. What is the net asset value of the fund? b. What is the current price of the fund? c. Suggest two reasons why the fund may be trading at a discount from net asset value.
PLEASE HELP WITH ENTIRE EXERCISE A) You invested $50,000 in a mutual fund at the beginning...
PLEASE HELP WITH ENTIRE EXERCISE
A) You invested $50,000 in a mutual fund at the beginning of the
year when the NAV was $68.23. At the end of the year, the fund paid
$0.32 in short-term distributions and $0.49 in long-term
distributions. If the NAV of the fund at the end of the year was
$72.59, what was your return for the year?
B)
A closed-end fund has total assets of $510 million and liabilities of $290,000. Currently, 29 million...
pouy order at D) $62.50 957.50 C) $59.75 ) Suppose you pay $9,800 for a $10,000...
pouy order at D) $62.50 957.50 C) $59.75 ) Suppose you pay $9,800 for a $10,000 par Treasury bill maturing in 2 months. What is the annual percentage rate of return for this investment? A) 12 % 45) B) 2.04% C) 12.24% D) 12.89% The Stone Harbor Fund is a closed-end investment company with a portfolio currently orth $300 million. It has liabilities of $5 million and 9 million shares outstanding. If e fund sells for $30 a share, what...
The Closed Fund is a closed-end investment company with a portfolio currently worth $255 million. It has liabilities of $3 million and 5 million shares outstanding a. What is the NAV of the fund? (Round your answer to 2 decimal places.) NAV $ b. If the fund sells for $47 per share, what is its premium or discount as a percent of NAV? (Input the amount as a positive value. Round your answer to 2 decimal places.) The fund sells...
The Closed Fund is a closed-end investment company with a portfolio currently worth $235 million. It has liabilities of $2 million and 5 million shares outstanding. a. What is the NAV of the fund? (Round your answer to 2 decimal places.) NAV $C b. If the fund sells for $43 per share, what is its premium or discount as a percent of NAV? (Input the amount as a positive value. Round your answer to 2 decimal places.) The fund sells...
c) The Stone Harbor Fund is a closed-end investment company with a portfolio currently worth $300 million. It has liabilities of $5 million and 9 million shares outstanding. If the fund sells for $30 a share, what is its premium or discount as a percent of NAV? (8 points) 1b) Consider a no-load mutual fund with $200 million in assets and 10 million shares at the start of the year and with $250 million in assets and 11 million shares...
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...
i need help with these 3 questions
11,12,13
11. Fund S is a closed-end investment company with a portfolio currently worth $300 million. It has liabilities of $5 million and 9 million shares outstanding. If the fund sells for $30 a share, what is its premium or discount as a percent of NAV? A. 9.26% premium B. 8.47% premium C. 9.26% discount D. 8.47% discount Answer: 12. Mutual funds that hold both equities and fixed-income securities in relatively stable proportions...
i need help with these 3 questions
11,12,13
11. Fund S is a closed-end investment company with a portfolio currently worth $300 million. It has liabilities of $5 million and 9 million shares outstanding. If the fund sells for $30 a share, what is its premium or discount as a percent of NAV? A. 9.26% premium B. 8.47% premium C. 9.26% discount D. 8.47% discount Answer: 12. Mutual funds that hold both equities and fixed-income securities in relatively stable proportions...
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%
Just part C
The Twenty-First Century closed-end fund has $350 million in securities, $8 million in liabilities and 20 million shares outstanding. It trades at a 10 percent discount from net asset value (NAV). a. What is the net asset value of the fund? b. What is the current price of the fund? c. Suggest two reasons why the fund may be trading at a discount from net asset value.
PLEASE HELP WITH ENTIRE EXERCISE
A) You invested $50,000 in a mutual fund at the beginning of the
year when the NAV was $68.23. At the end of the year, the fund paid
$0.32 in short-term distributions and $0.49 in long-term
distributions. If the NAV of the fund at the end of the year was
$72.59, what was your return for the year?
B)
A closed-end fund has total assets of $510 million and liabilities of $290,000. Currently, 29 million...
pouy order at D) $62.50 957.50 C) $59.75 ) Suppose you pay $9,800 for a $10,000 par Treasury bill maturing in 2 months. What is the annual percentage rate of return for this investment? A) 12 % 45) B) 2.04% C) 12.24% D) 12.89% The Stone Harbor Fund is a closed-end investment company with a portfolio currently orth $300 million. It has liabilities of $5 million and 9 million shares outstanding. If e fund sells for $30 a share, what...
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