An investor sends the fund a check for $50,000. If there is no front-end load, calculate the
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
With the 50000 the value of the fund is now 952380 50000 ...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Financial Markets And Institutions
ISBN: 978-0132136839
7th Edition
Authors: Frederic S. Mishkin, Stanley G. Eakins
Question Posted:
Students also viewed these Finance questions
-
If there is no seasonal effect on human births, we would expect equal numbers of children to be born in each season (winter, spring, summer, and fall). A student takes a census of her statistics...
-
If there is no comparative advantage between two countries: Select one: a. One country must be more productive in producing all goods than the other. b. The benefits resulting from trade are...
-
For the births in Exercise 1, a) If there is no seasonal effect, about how big, on average, would you expect the x2 statistic to be (what is the mean of the x2 distribution)? b) Does the statistic...
-
A heating section consists of a 10 inch diameter duct which houses a 8 kW electric resistance heater. Air enters the heating section at 14.7 psia, 40oF and 35% relative humidity at a velocity of 21...
-
Let B and C be n n matrices with the property Bx = Cx for all x Rn. Show that B = C.
-
For the similarity solution, what are the boundary conditions for the constant-wall-flux case? Show that a complete similarity does not exist for this case. Also show the condition for the case where...
-
The mean annual salary for a sample of electrical engineers is \($86,500\), with a standard deviation of \($1500\). The data set has a bell-shaped distribution. (a) Use the Empirical Rule to estimate...
-
H. Barrajas, T. Dingler, and R. Fisk have capital balances of $95,000, $75,000, and $60,000, respectively. They share income or loss on a 5 : 3 : 2 basis. Fisk withdraws from the partnership under...
-
A bond is selling at par with the Macaulay duration of 11.2 years and the modified duration of 10.6 years. The convexity of the bond is 196. According to the duration rule, a 2% decrease in yield...
-
The figure shows a sector of a circle with central angle θ. Let A (θ) be the area of the segment between the chord PR and the arc PR. Let B (θ) is the area of the triangle PQR. Find...
-
A $1 million fund is charging a back-end load of 1%, 12b-1 fees of 1%, and an expense ratio of 1.9%. Prior to deducting expenses, what must the fund value be at the end of the year for investors to...
-
Assume the new investor then sells the 420 shares. What is his profit? What is the annualized return? The fund sells 800 shares of stock 4 to raise the needed funds. Assume 250 trading days per year.
-
Montoure Company uses a perpetual inventory system. It entered into the following calendar-year 2013 purchases and sales transactions. (For specific identification, units sold consist of 600 units...
-
3. List five behaviors the character displays throughout the play (at least one must be a positive behavior). 4. List three healthier coping mechanisms the character could have done differently,...
-
DeBond Industries has outstanding a $1,000 face-value bond with an 8% coupon interest rate. The bond has 12 years remaining to its maturity date. If interest is paid annually, find the value of the...
-
How do Giddens' structuration theory and Bourdieu's concept of habitus provide differing accounts of the relationship between individual agency and social structures, and what implications does this...
-
If you add 700 kJ of heat to 700 g of water originally at 70.0 C, how much water is left in the container? (The latent heat of vaporization of water is 22.6x105 J/kg and its specific hat capacity is...
-
1. Why is Dollar Tree increasing prices? 2. How will the price change affect Dollar Store's strategy, and how does it compare to what competitors are doing? 3. What do you think the long term impact...
-
What is the nature of and the need for a social media policy?
-
Explain how the graph of each function can be obtained from the graph of y = 1/x or y = 1/x 2 . Then graph f and give the (a) Domain (b) Range. Determine the largest open intervals of the domain over...
-
True Or False To hold a defendant liable for the tort of intentional infliction of emotional distress, a plaintiff must prove that the defendant wanted to bring about a particular consequence or knew...
-
What are the two reasons liquidity risk arises? How does liquidity risk arising from the liability side of the balance sheet differ from liquidity risk arising from the asset side of the balance...
-
The probability distribution of the net deposit drain of a DI has been estimated to have a mean of 2 percent. a. Is this DI increasing or decreasing in size? Explain. b. If a DI has a net deposit...
-
How is a DIs distribution pattern of net deposit drains affected by the following? a. The holiday season. b. Summer vacations. c. A severe economic recession. d. Double- digit inflation.
-
1-Define electric fields and how it helps us understand electricity. 2-Electric fields are represented as a physical effect of a configuration of charges that is created by the attraction of electric...
-
Why thin film on a glass surface can remove completely reflections at certain light wavelength? Magnesium fluoride (n = 1.38) is used as coating on nonreflecting glass. How thin coating is enough to...
-
How much work ( in joules) is done in lifting a 45.57 newton box from the floor to a table that is 0.73 meters above the floor? Round your final answer to two decimal places. A ball is thrown...
Study smarter with the SolutionInn App