Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 02, 2024

You own 750 units of a fund with a current NAV of $15.50. Your portion of the fund distributions is $1,240.00 of dividends, capital gains,

You own 750 units of a fund with a current NAV of $15.50. Your portion of the fund distributions is $1,240.00 of dividends, capital gains, and interest earnings. What will be your total units now? [2 pts] (Show your calculations)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Trade Ipos Online

Authors: Matthew D. Zito ,Matt Olejarczyk

1st Edition

0471443026, 978-0471443025

More Books

Students also viewed these Finance questions

Question

★★★★★

An experimenter adds 970 J of heat to 1.75 mol of an ideal gas to heat it from 10.0oC to 25.0oC at constant pressure. The gas does +223 J of work during the expansion. (a) Calculate the change in...

Answered: 1 week ago

Question

★★★★★

Given two vectors $\mathbf{a}$ and $\mathbf{b}$, show that in intrinsic representation their vector product $\mathbf{A}=\mathbf{a} \times \mathbf{b}$ corresponds to the oriented area of the...

Answered: 1 week ago

Question

★★★★★

10. What do you look for in external providers of leadership development?

Answered: 1 week ago

Question

★★★★★

The Highland Cove Resort has an August 31 fiscal year end and prepares adjusting entries on a monthly basis. The following trial balance was prepared before recording the August 31 month-end...

Answered: 1 week ago

Question

★★★★★

Answered: 1 week ago

Question

★★★★★

A project has cash flows of -$119,000, $53,000, $60,200, and $33,000 for years 0 to 3, respectively. The required rate of return is 12 percent. Based on the net present value of ____, you should...

Answered: 1 week ago

Question

★★★★★

PA2-1 (Algo) Recording Manufacturing and Nonmanufacturing Costs, Preparing the Cost of Goods Manufactured Report and Income Statement [LO 2-3, 2-4, 2-5, 2-6] Lamonds Corp. uses a job order cost...

Answered: 1 week ago

Question

★★★★★

Lathrop Inc. purchased equipment on January 1 of Year 1 for $150,000 cash plus a note payable. The fair value of the equipment on January 1 of Year 1 is $542.666. The company uses the effective...

Answered: 1 week ago

Question

★★★★★

C Shopping Network may upgrade its modem pool. It last upgraded 2 years ago, when it spent $ 1 7 0 million on equipment with an assumed life of 5 years and an assumed salvage value of $ 2 0 million...

Answered: 1 week ago

Question

★★★★★

Complete the flowchart proof. Then write a two-column proof. Given ADBC, ADLAB ADLBC Prove ACBD A B D Given Dfn of Perpendicular Lines C ABBA ZA and B are right angles ZAZB AC = BD SAS Given AD BC...

Answered: 1 week ago

Question

★★★★★

1.Consider a 15-year monthly annuity-style loan for $300,000. The fixed interest rate is 8.125% MEY. Amortize the loan and graph (1) payment, interest paid and principal paid v time, and separately...

Answered: 1 week ago

Previous Question Next Question