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
OleMash [197]
3 years ago
6

The fund has not borrowed any funds, but its accrued management fee with the portfolio manager currently totals $25,000. There a

re 4 million shares outstanding. What is the net asset value of the fund?
Business
1 answer:
kvv77 [185]3 years ago
7 0

Answer:

$9.79

Explanation:

The computation of the  net asset value of the fund is shown below:

Net asset value of the fund = Equity ÷ Total outstanding shares

where,

Equity

= Total assets - total liabilities

where,

Total assets equal to

= 220,000 shares × $35 + 320,000 shares × $40 + 420,000 shares × $15 + 620,000 shares × $20

= $7,700,000 + $12,800,000 + $6,300,000 + $12,400,000

= $39,200,000

And, liabilities is $25,000

So, the net asset value of the fund equal to

= ($39,200,000 - $25,000) ÷ (4,000,000 shares)

= $9.79

You might be interested in
If a defendant makes an untrue statement of fact about the plaintiff and the statement was intentionally or accidentally publish
Y_Kistochka [10]

Answer:

false

Explanation:

In common law, the right of publicity refers to the ownership and control of the commercial exploit of a company's or a person's image or persona. E.g. forged t-shirts with the names and logos of professional sports teams are in direct violation of the right of publicity.

In this case, there was no commercial exploitation of the plaintiff's name, so there cannot be a violation of the right of publicity.

8 0
3 years ago
Read 2 more answers
can anyone please subscribe my ch named Animals World with the dp of Lion on my ch. and please also like the video and subscribe
Lostsunrise [7]

Answer: ok

Explanation:

3 0
2 years ago
Read 2 more answers
Some of the considerations you might use to analyze the data include
Semenov [28]
B characteristics of the children etc
6 0
3 years ago
All of the following are public relations tools except:______
Montano1993 [528]

Answer:

b. coupons and rebates.

Explanation:

Public Relations Tools or PR tools are a way for a specific company or organization to communicate with the public and media in order to control information, advertise products/services, and even gain exposure in a market. This is done through the use of many tools such as

  • Media relations
  • Advertorials
  • Social media
  • Newsletters
  • Brochures and catalogs
  • Business events
  • Speaking engagements
  • Sponsorships or partnerships

This does not include coupons and rebates which are used simply to garner more sales for a company

8 0
3 years ago
You are bearish on Telecom and decide to sell short 100 shares at the current market price of $50 per share.
Elden [556K]

Answer:

A. $2,500

B. $60

Explanation:

A. Calculation to determine How much in cash or securities must you put into your brokerage account if the broker's initial margin requirement is 50% of the value of the short position

Initial Margin = 100*$50*50%

Initial Margin = $2,500

Therefore The amount of securities that you must put into your brokerage account if the broker's initial margin requirement is 50% of the value of the short position is $2,500

b. Calculation to determine How high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position

First step is to calculate the Maintenance Margin per share

Maintenance Margin per share = $50*30%

Maintenance Margin per share =$15

Second step is to calculate the Rise in price required

Rise in price required = $50*50% - $15

Rise in price required= $10

Now let calculate How high can the price of the stock go

Price of stock=$50+$10

Price of stock= $60

Therefore How high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position is $60

8 0
3 years ago
Other questions:
  • Delta inc. moved its entire production operation to the country of xondervan, where the company was free to dump pollutants to t
    11·1 answer
  • Consider mandy’s decision to go to college. if she goes to college, she will spend $20,000 on tuition, $10,000 on room and board
    8·1 answer
  • In a statement of cash flows: Multiple Choice No noncash transactions are reported in the statement itself or the related footno
    9·1 answer
  • Which act directs manufacturers and sellers to detail the service coverage, terms, and exclusions on products?
    7·2 answers
  • Three $1,000 face value, 10-year, noncallable, bonds have the same amount of risk, hence their YTMs are equal. Bond 8 has an 8%
    5·1 answer
  • In the bona fide need obligation rule for requesting funds to fund warfighters, what critical questions do you ask to ensure adh
    6·1 answer
  • The legal concept of limited use permits limited duplication and use of a portion of copyrighted material for certain purposes,
    10·1 answer
  • Manufacturing cost data for Orlando Company, which uses a job order cost system, are presented below. Indicate the missing amoun
    7·1 answer
  • You have just graduated and have decided to purchase a brand-new sports car to enjoy your newfound freedom. Your local credit un
    13·1 answer
  • Jeannine and Ryan, have both been working full-time jobs for many years. They are about to adopt three siblings and are trying t
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!