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Aleonysh [2.5K]
3 years ago
11

The Closed Fund is a closed-end investment company with a portfolio currently worth $200 million. It has liabilities of $3 milli

on and 5 million shares outstanding. a. What is the NAV of the fund?
Business
1 answer:
iragen [17]3 years ago
8 0

Answer:

$39.40

Explanation:

According to the situation, the solution is as follows

The Net asset value of the fund is

= (Current worth of portfolio - liabilities) ÷ (outstanding shares)

= ($200 million - $3 million) ÷ (5 million shares)

= $39.40

Basically we applied the above formula in order to determine the net asset value of the fund.

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Madisun Company issued common stock for proceeds of $20,000 during 2020. The company paid dividends of $5,000. The company also
bogdanovich [222]

Answer:

Net cash flows from financing activities is $24,000

Explanation:

Cash flow from financing activities:

Proceeds from stock issue                      $20,000

Dividends                                                  ($5,000)

Sale of treasury stock                                $9,000

net cash flow from financing activities      $24,000

The issue of long-term note payable of $35,000 does not involve an actual movement of cash,hence has zero impact on the cash flow from financing activities.

The dividends payment has negative sign because it is an outflow of cash unlike others that cash inflows.

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3 years ago
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vfiekz [6]
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6 0
3 years ago
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"The common stock of One Community Bank is currently selling for $30. The last annual dividend paid was $1.25 per share and the
Greeley [361]

Answer:

The dividend growth rate is 8%.

Explanation:

Considering the stock is the one that has a constant dividend growth, we use the DDM approach for constant growth model. The constant growth model formula for price of a stock today is,

P0 = D1 / r - g

Where,

  • D1 is the dividend in the next period or D0 * (1 + g)
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Plugging in the available value,

30 = 1.25 ( 1+g) / (0.125 - g)

30 * (0.125 - g) = 1.25 + 1.25g

3.75 - 30g = 1.25 + 1.25g

3.75 - 1.25 = 30g + 1.25g

2.5 / 31.25 = g

g = 0.08 or 8%

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4 years ago
Hiv and aids disproportionately impact __________ nations. a. low-income b. high-income c. industrialized d. developed please se
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Correct option is a: low income

Hiv and aids disproportionately impact low income nations.

Acquired immunodeficiency syndrome  or AIDS is a chronic and  potentially life-threatening condition  which is caused by the human immunodeficiency virus (HIV).

By damaging the immune system, HIV interferes with the  ability of the body  to fight with infections and diseases.

HIV is a sexually transmitted infection (STI). HIV can also be spread by contact with infected blood or it can also spread from illicit injection drug use or sharing needles of infected person.

It can also be spread from mother to child during pregnancy or at the time or  childbirth or breastfeeding.

To know more about HIV/aids here:

brainly.com/question/22072504

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4 0
2 years ago
. Increasing your 401k deduction will ________ your take-home pay and __________ your federal taxes in the current year
Fittoniya [83]
I believe the answer is: <span>decrease/decrease

two facts about 401k are:

- It directly deducted from the amount of salary that you receive from your workplace, which would reduce your take home pay.

- The tax rate that you should pay is multiplied by your net income. When your income is deducted through 401k, the amount of your net income would be reduced along with your tax payment.
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7 0
3 years ago
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