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Snowcat [4.5K]
3 years ago
14

SoHo International Investment Management has an asset allocation strategy of 57% U.S. investments and 43% global investments. Wi

thin the United States, Go Global has allocated 55% of its portfolio to equities and 45% to bonds. SoHo International now holds 4.4% of its U.S. equity portfolio in the stock of Bright Force. Internationally, SoHo International has allocated 72% to equities and 28% to bonds. About what percentage of SoHo International's total portfolio is invested in Bright Force
Business
1 answer:
love history [14]3 years ago
5 0

Answer:

1.38%

Explanation:

Calculation to determine About what percentage of SoHo International's total portfolio is invested in Bright Force

Using this formula

SoHo International's total portfolio percentage=

Asset allocation strategy percentage*United States, Go Global has allocated percentage*SoHo International U.S holds percentage

Let Plug in the formula

SoHo International's total portfolio percentage=57%* 55%* 4.4%

SoHo International's total portfolio percentage=1.38%

Therefore SoHo International's total portfolio percentage that is invested in Bright Force is 1.38%

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4 years ago
Belltower, Inc. has net income for 2016 of $370,000. At January 1, 2016, the company had outstanding 54,000 shares of $50 par va
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Answer:

A. $5.17

Explanation:

Use the following formula to calculate the Earnings per share

Earnings per share = ( Net Income - preferred Dividend ) / Weighted average numbers of outstanding shares

Where

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Preferred Dividend = 10,000 x $100 x 6% = $60,000

Weighted average numbers of outstanding shares = 54,000 shares + ( 18,000 shares x 4/12 ) = 54,000 shares + 6,000 shares = 60,000 shares

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Earnings per share = ( $370,000 - $60,000 ) / 60,000 shares

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3 years ago
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6 0
3 years ago
While viewing a webpage for outdoor gear, Phil noticed a graphic display advertising skateboards at low prices. When he clicked
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5 0
3 years ago
Determine the amount of money that must be invested now​ (time 0) at 10​% nominal​ interest, compounded​ monthly, to provide an
Veseljchak [2.6K]

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the amount of money that must be invested now is $21068.87

Explanation:

Given that:

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Effective interest rate = ( 1 + \dfrac{r}{100 \times n})^n-1

Effective interest rate = ( 1 + \dfrac{10}{100 \times 8})^8-1

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Thus ; the the amount of money that must be invested now​  is the present value with the annuity of ​$7, 000 per year for 12 ​years, starting eight years from now.

PV = 7000(\dfrac{(1+ 0.1045)^{12}-1}{0.1045(1 + 0.1045)^{12}})( \dfrac{1}{(1+ 0.1045)^8})

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