What is a mutual funds net asset value per share (NAVPS)? How is the NAVPS calculated and
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (17 reviews)
A mutual funds NAVPS represents the market value of the securities i...View the full answer
Answered By
Isaiah Mutinda
As a graduate with Bs in Maths and Computer Science and having worked as a freelance full stack software developer for 3 years running I believe I have what it takes to conformable tutor and mentor a student to a professional developer also.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Corporate Finance questions
-
What is a mutual funds net asset value (NAV)? How is the NAV calculated and reported?
-
If a mutual funds net asset value is $23.40 and the fund sells its shares for $25, what is the load fee as a percentage of the net asset value?
-
What is a mutual fund? In what sense is it a financial institution?
-
Suppose that we throw 30 fair dice. Recall that a fair die has six sides, numbered from 1 to 6, with each side occurring with equal probability. (a) (3pts) What is the probability that 5 of each of...
-
As more people enter virtual worlds, family decision making research may have to include our virtual partners (and children?) as well. Do you agree? How do you think consumer researchers could use a...
-
A vertical isothermal plate 30 cmhigh is suspended in an atmosphere air streamflowing at 2 m/s in a vertical direction. If the air is at 16?C, estimate the plate temperature for which the...
-
2. Should the team consider the proposal from Asia General Contractors? Why or why not?
-
The comparative balance sheet of Sunrise Juice Co. at December 31, 2007 and 2006, is as follows: The noncurrent asset, the noncurrent liability, and the stockholders equity accounts for 2007 are as...
-
Method 1: Discounting Approach. 20% CF -60 155 -100 R= Yr 0 1 2 ADJ -69.444 IRR = MCF -129.44444 155 0 19.74%
-
John R. and Anne L. Miller are married and live at 13071 Sterling Drive, Aitkin, MN 56431. John is a self-employed insurance claims adjuster (business activity code 524290), and Anne is the dietitian...
-
List four advantages of investing in mutual funds. List four disadvantages of investing in mutual funds.
-
What is an open end mutual fund? What types of companies usually manage open end funds? Describe how these funds work on a day today basis.
-
Cheryl, Cynthia, Carmen, and Chastity shot the targets below at Girl Scout camp. Match each target with the proper description. (a) Accurate and precise (b) Accurate but not precise (c) Precise but...
-
Companies that engage international business do so in pursuit of a broad range of goals. Nonetheless, the text identifies key drivers, noting that the typical company expands operations...
-
How do lifestyle changes, such as urbanization or an aging population, affect consumer needs and preferences in our industry?
-
Verify that the following general thermodynamic property relationships are valid for the specific case of an ideal gas: (a) T = au (b) P = -9) av
-
Performance management systems that do not make true contribution to the organizational goals are not true performance management systems. List and describe at least five contributions a good...
-
How do cognitive biases, such as confirmation bias and anchoring, influence strategic decision-making processes at the executive level, and what measures can be implemented to mitigate their impact ?
-
Write up the following transactions in the double-entry accounts for S Nower for April 2011. 8 April Bank loan taken out for 18,000 which is paid directly into the bank account. 11 April Plant...
-
Michelles trust is subject to 3.8% surtax on the lesser of the trusts net investment income or the excess of the trusts adjusted gross income over the $12,400 threshold (the highest trust tax rate)....
-
Minn is considering an investment proposal with the following cash flows: Required a. Determine the payback period b. Determine the accounting rate of return on initial investment c. Determine the...
-
The Balderson family has a basic health insurance plan that pays 80 percent of supplementary medical expenses after a deductible of $250 per person. If three family members have prescription drug and...
-
Adam and Heidi Larrsson were delighted when Adam landed a new job with a promotion and an increased salary, but disappointed to learn that he would not be eligible for group benefits for the first 90...
-
Wendy and Frank Cotroni, ages 30 and 35, plan to purchase life insurance. Wendy does not have any coverage, while Frank has a $150 000 policy at work. The Cotronis have two children, ages three and...
-
Columbus Industries makes a product that sells for $37 a unit. The product has a $29 per unit variable cost and total fixed costs of $10,000. At budgeted sales of 1,950 units, the margin of safety...
-
18. Suppose that Maxima shares are selling for $10 per share and you own a call option to buy Maxima shares at $7.50. The intrinsic value of your option is:
-
ABC Insurance Company reported the following information on its accounting statements last year: What was ABC 's expense ratio last year
Study smarter with the SolutionInn App