1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Makovka662 [10]
3 years ago
15

Calculate the net asset value of an ETF with portfolio holdings equal to $100 per share in market value and an expense ratio of

0.25%
Business
1 answer:
asambeis [7]3 years ago
4 0

Answer:

Net Asset Value of ETF = $99.75

Explanation:

Net asset value of an ETF

  • The net asset value of an ETF represents the value of each share’s portion of the fund’s underlying assets and cash at the end of the trading day.
  • ETFs calculate the NAV at 4:00 p.m. Eastern Time after the markets close.
  • The NAV is used to compare the performance of different funds, as well as for accounting purposes.
  • The ETF also releases its current daily holdings, amount of cash, outstanding shares, and accrued dividends, if applicable.
  • For investors, ETFs have the advantage of being more transparent. Mutual funds and closed-end funds do not have to disclose their daily holdings.
  • In fact, mutual funds usually disclose their holdings only quarterly.

<u>Calculation</u>

Market Value per share = $100

Expense Ratio = 0.25%

Net Asset Value = Market Value per share * (1 - Expense Ratio)

Net Asset Value = $100 * (1 - 0.0025)

Net Asset Value = $100 * 0.9975

Net Asset Value = $99.75

You might be interested in
You just sold 900 shares of Alcove stock at a price of $34.08 a share. Last year you paid $39.20 a share to buy this stock. You
ehidna [41]

Answer:

d. -$4,608

Explanation:

The computation of the total capital gain is shown below:

Total capital gains is

= (End value - Beginning value) × 900 shares

= ($34.08 - $39.20) × 900 shares

= -$4,608

Hence, the  total capital gain on this investment is -$4,608

Therefore the option d is correct

And, the same is to be relevant

5 0
3 years ago
Which of the following is NOT an accurate statement?
Mandarinka [93]

Answer:

The correct answer is c. Workers in high-tech fields do not need good communication skills.

Explanation:

Communication skills refer to the ability to send, receive, elaborate and issue information, ideas, opinions and attitudes of the highest quality and oriented towards personal and organizational objectives. To properly carry out their activities, administrators must have at least the basic skills of oral, written and non-verbal communication related to: communication with clients, communication with their subordinates, communication with their superiors, with the media , sensitivity to cultural differences, among others.

  • Nonverbal communication skills refer to the use of facial expressions, movements and body language for the transmission of meaning.
  • Verbal communication skills refer to both oral messages that are used most frequently and take place in personal meetings and telephone conversations, as well as written messages, which are transmitted in different modalities (memorandums, fax, letters, newsletters, etc. .).

Communication is immersed in all the activities of the administrators, intimately relating to their performance.

4 0
3 years ago
Dashboards can be presented at all the following levels EXCEPT Group of answer choices the visual dashboard level. the static re
Lady bird [3.3K]

Dashboards can be presented at all the following levels except  option C the visual cube level.

<h3>What are  Dashboards?</h3>

Dashboard serves as the panel in a system that consist of containing instruments as well as the control.

Dashboards can be presented :

  • the visual dashboard level.
  • the static report level.
  • the self-service cube level.

Learn more about Dashboards  at:

brainly.com/question/27305353

#SPJ1

3 0
1 year ago
Dwight was working with two of his colleagues to create a marketing plan for his company's new product. The team was scheduled t
amm1812

Answer:External locus of control

Explanation:Locus of control refers to a degree to which you believe your are in control or external factors are in control of what happens in your life

A person with an external locus of control , is the person who tends to believe that outside factors are in control on what happens to them .

Dwight blames an inaccurate profile of the geographic area as the reason why the plan was not final.

4 0
3 years ago
Read 2 more answers
From the following information, please prepare an Income Statement, Statement of Owner’s Equity, and Balance Sheet for the month
lisov135 [29]

Answer:35,000

Explanation:

3 0
2 years ago
Read 2 more answers
Other questions:
  • In this account of Budweiser’s history, there is evidence of both "Big M" marketing and "little m" marketing.
    12·1 answer
  • Which type of cooperative sells merchandise to its members at reduced prices?
    15·1 answer
  • Emarpy Appliances Inc. wants to determine the optimal production policy for their best selling refrigerator. The demand for this
    5·1 answer
  • On January 1, 2012, Albert invested $6,000 at 8 percent interest per year for three years. The CPI (times 100) on January 1, 201
    6·1 answer
  • 1. Often the most difficult part of computing accurate unit costs is determining the proper amount of _________ to assign to eac
    6·1 answer
  • Gretchen has just finished preparing the trial balance for her company. Upon looking at the balance, she sees that it has not ac
    14·1 answer
  • The 2013 income statements of Leggett &amp; Platt, Inc. reports net sales of $3,746.0 million. The balance sheet reports account
    14·2 answers
  • Despite your numerous emails and voicemail messages, a normally dependable vendor has not responded to your important question.
    7·1 answer
  • Please answer if you know :)
    14·1 answer
  • Write a proposal on why your business should implement a recycling program. (will give brainliest)
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!