Answer:
2.97%
Explanation:
cost of shares = (NAV0 × shares) ÷ (1 - FL)
= ($39 × 1,000) ÷ (1 - 0.034)
= 40,372.67
NAV1 = NAVo (1 + investment return - expense ratio)
= $39 × (1 + 0.08 - 0.014)
= 41.574
value of shares = NAV1 × Shares
= 41.574 × 1,000
= 41,574
Return = (value of shares ÷ cost of shares) - 1
= (41,574 ÷ 40,372.67) - 1
= 2.97%
A Money Manager is a person or Financial firm that charges customers based on a percentage of the assets under management.
A money manager is someone or a financial firm that manages the securities portfolio of a person or institutional traders. expert money managers do now not receive commissions on transactions; instead, they are paid based on a percent of property underneath management.
A financial firm approach any firm or fund that makes assignment capital or other investments, or that engages in funding banking, the mutual fund business, or the securities commercial enterprise.
A financial services organization is an enterprise or organization which manages, invests, exchanges, or holds money on behalf of customers.
The 4 maximum common sorts of economic establishments are business banks, brokerage firms, insurance organizations, and investment banks.
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Answer
The question is incomplete; assuming that the market price is $5.
The answer will be consumer surplus decreases.
Explanation:
Consumer surplus is a measure of consumer welfare. It is measured as the difference between what customers are willing and able to pay for a good and the price they actually pay.
A negotiation is a Discusion aimed at reaching an agreement. B.
Answer:
$405,000
Explanation:
The calculation of total amount is shown below:-
If the company disposes of the equipment to buy the new equipment, the sunk cost will be the old equipment's book value.
Sunk cost = Book value of the old Equipment
Sunk cost = Cost of equipment - Accumulated Depreciation
= $550,000 - $145,000
= $405,000
Therefore for computing the sunk cost we simply deduct the accumulated Depreciation from cost of equipment