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Scenario: Suppose an open-ended mutual fund contains 1,000 shares of Microsoft currently trading at $140, 5,000 shares of Apple currently trading at $220, and 3,000
Scenario: Suppose an open-ended mutual fund contains 1,000 shares of Microsoft currently trading at $140, 5,000 shares of Apple currently trading at $220, and 3,000 shares of Facebook currently trading at $190. The mutual fund has 50,000 shares outstanding. At the end of the day after 2,000 shares of the fund are purchased and the fund manager invests all of the proceeds from the new fund shares into Twitter at $50 per share, Microsoft trades at $145, Apple trades at $218, Facebook trades at $180, and Twitter trades at $55. What is the NAV of the fund? Round your answer to 2 decimal places. Question 2 1 pts Scenario: Suppose an open-ended mutual fund contains 1,000 shares of Microsoft currently trading at $140, 5,000 shares of Apple currently trading at $220, and 3,000 shares of Facebook currently trading at $190. The mutual fund has 50,000 shares outstanding. If the fund manager invests all of the proceeds from the new fund shares purchased into Twitter at $50 per share, then how many shares of Twitter does the fund manager purchase? Round your answer to 2 decimal places. Question 3 1 pts Scenario: Suppose an open-ended mutual fund contains 1,000 shares of Microsoft currently trading at $140, 5,000 shares of Apple currently trading at $220, and 3,000 shares of Facebook currently trading at $190. The mutual fund has 50,000 shares outstanding. Suppose 5,000 shares of the mutual fund are purchased. How much does the fund manager have to invest? Round your answer to 2 decimal places. Question 4 1 pts Scenario: Suppose an open-ended mutual fund contains 1,000 shares of Microsoft currently trading at $140, 5,000 shares of Apple currently trading at $220, and 3,000 shares of Facebook currently trading at $190. The mutual fund has 50,000 shares outstanding. What is the current NAV? Round your answer to 2 decimal places. Question 5 1 pts Scenario: Suppose a financial institution has 1,000,000 in assets with a 2 year maturity and a 6.5% return. The financial institution funds these assets with 1,000,000 in interbank borrowings for which it pays 4.85% Suppose the financial institution is able to refinance its borrowings at 3.95% in year 2. Calculate the financial institution's spread at the end of the 2nd year. Question 6 1 pts Scenario: Suppose a financial institution has 1,000,000 in assets with a 2 year maturity and a 6.5% return. The financial institution funds these assets with 1,000,000 in interbank borrowings for which it pays 4.85% Suppose the financial institution is only able to refinance its interbank borrowings at 7.15% in year 2. Calculate the financial institution's spread at the end of the 2nd year. Question 7 1 pts Scenario: Suppose a financial institution has 1,000,000 in assets with a 2 year maturity and a 6.5% return. The financial institution funds these assets with 1,000,000 in interbank borrowings for which it pays 4.85% Suppose the financial institution is able to refinance its borrowings at 3.95% in year 2. Calculate the financial institution's profit at the end of the 2nd year. Scenario: Suppose a financial institution has 1,000,000 in assets with a 2 year maturity and a 6.5% return. The financial institution funds these assets with 1,000,000 in interbank borrowings for which it pays 4.85% Suppose the financial institution is only able to refinance its interbank borrowings at 7.15% in year 2. Calculate the financial institution's profit at the end of the 2nd year. Question 9 1 pts Scenario: Suppose a financial institution has 1,000,000 in assets with a 2 year maturity and a 6.5% return. The financial institution funds these assets with 1,000,000 in interbank borrowings for which it pays 4.85%. Calculate the financial institution's profit at the end of the 1st year. Question 10 1 pts Scenario: Suppose a financial institution has 1,000,000 in assets with a 2 year maturity and a 6.5% return. The financial institution funds these assets with 1,000,000 in interbank borrowings for which it pays 4.85% Calculate the financial institution's spread at the end of the 1st year. Scenario: Suppose an open-ended mutual fund contains 1,000 shares of Microsoft currently trading at $140, 5,000 shares of Apple currently trading at $220, and 3,000 shares of Facebook currently trading at $190. The mutual fund has 50,000 shares outstanding. At the end of the day after 2,000 shares of the fund are purchased and the fund manager invests all of the proceeds from the new fund shares into Twitter at $50 per share, Microsoft trades at $145, Apple trades at $218, Facebook trades at $180, and Twitter trades at $55. What is the NAV of the fund? Round your answer to 2 decimal places. Question 2 1 pts Scenario: Suppose an open-ended mutual fund contains 1,000 shares of Microsoft currently trading at $140, 5,000 shares of Apple currently trading at $220, and 3,000 shares of Facebook currently trading at $190. The mutual fund has 50,000 shares outstanding. If the fund manager invests all of the proceeds from the new fund shares purchased into Twitter at $50 per share, then how many shares of Twitter does the fund manager purchase? Round your answer to 2 decimal places. Question 3 1 pts Scenario: Suppose an open-ended mutual fund contains 1,000 shares of Microsoft currently trading at $140, 5,000 shares of Apple currently trading at $220, and 3,000 shares of Facebook currently trading at $190. The mutual fund has 50,000 shares outstanding. Suppose 5,000 shares of the mutual fund are purchased. How much does the fund manager have to invest? Round your answer to 2 decimal places. Question 4 1 pts Scenario: Suppose an open-ended mutual fund contains 1,000 shares of Microsoft currently trading at $140, 5,000 shares of Apple currently trading at $220, and 3,000 shares of Facebook currently trading at $190. The mutual fund has 50,000 shares outstanding. What is the current NAV? Round your answer to 2 decimal places. Question 5 1 pts Scenario: Suppose a financial institution has 1,000,000 in assets with a 2 year maturity and a 6.5% return. The financial institution funds these assets with 1,000,000 in interbank borrowings for which it pays 4.85% Suppose the financial institution is able to refinance its borrowings at 3.95% in year 2. Calculate the financial institution's spread at the end of the 2nd year. Question 6 1 pts Scenario: Suppose a financial institution has 1,000,000 in assets with a 2 year maturity and a 6.5% return. The financial institution funds these assets with 1,000,000 in interbank borrowings for which it pays 4.85% Suppose the financial institution is only able to refinance its interbank borrowings at 7.15% in year 2. Calculate the financial institution's spread at the end of the 2nd year. Question 7 1 pts Scenario: Suppose a financial institution has 1,000,000 in assets with a 2 year maturity and a 6.5% return. The financial institution funds these assets with 1,000,000 in interbank borrowings for which it pays 4.85% Suppose the financial institution is able to refinance its borrowings at 3.95% in year 2. Calculate the financial institution's profit at the end of the 2nd year. Scenario: Suppose a financial institution has 1,000,000 in assets with a 2 year maturity and a 6.5% return. The financial institution funds these assets with 1,000,000 in interbank borrowings for which it pays 4.85% Suppose the financial institution is only able to refinance its interbank borrowings at 7.15% in year 2. Calculate the financial institution's profit at the end of the 2nd year. Question 9 1 pts Scenario: Suppose a financial institution has 1,000,000 in assets with a 2 year maturity and a 6.5% return. The financial institution funds these assets with 1,000,000 in interbank borrowings for which it pays 4.85%. Calculate the financial institution's profit at the end of the 1st year. Question 10 1 pts Scenario: Suppose a financial institution has 1,000,000 in assets with a 2 year maturity and a 6.5% return. The financial institution funds these assets with 1,000,000 in interbank borrowings for which it pays 4.85% Calculate the financial institution's spread at the end of the 1st year
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