Sales charges less than 25000 is 5.5% , 25000 to 49999 5.25% Nancy Dolan is interested in the T Rowe Price Mid Cap fund assume the NAV is 19.08 What minimum amount of shares must Nancy Dolan purchase to have a sales charge of 5.25%
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Sales charges less than 25000 is 5.5% , 25000 to 49999 5.25%
Nancy Dolan is interested in the T Rowe Price Mid Cap fund assume the NAV is 19.08 What minimum amount of shares must Nancy Dolan purchase to have a sales charge of 5.25%
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- Here’s an example of how breakpoint discounts on sales commissions for mutual fund investors work: Sales charge Less than $25,000, 5.25%$25,000 to $49,999, 5%$50,000 to 99,999, 4.25%$100,000 to $249,999, 3.25% Nancy Dolan is interested in the T Rowe Price Mid Cap Fund. Assume the NAV is 19.21. a. What minimum amount of shares must Nancy purchase to have a sales charge of 5%? (Round up to the nearest share even if it is less than 5.) Minimum Amount of Shares: b. What minimum amount of shares must Nancy purchase to have a sales charge of 4.25%? (Round up to the nearest share even if it is less than 5.) Minimum Amount of Shares: c. What minimum amount of shares must Nancy purchase to have a sales charge of 3.25%? (Round up to the nearest share even if it is less than 5.) Minimum Amount of Shares: d. What would be the total purchase price for (a), (b), or (c)? (Round your answers to the nearest cent.) Total Purchase Price: a) b) c)Here’s an example of how breakpoint discounts on sales commissions for mutual fund investors work: Sales charge Less than $25,000, 5.75% $25,000 to $49,999, 5.50% $50,000 to 99,999, 4.75% $100,000 to $249,999, 3.75%= Nancy Dolan is interested in the T Rowe Price Mid Cap Fund. Assume the NAV is 19.43. a. What minimum amount of shares must Nancy purchase to have a sales charge of 5.50%? (Round up to the nearest share even if it is less than 5.) What the minuim amount of shares? b. What minimum amount of shares must Nancy purchase to have a sales charge of 4.75%? (Round up to the nearest share even if it is less than 5.) What the minum amout of shares? What minimum amount of shares must Nancy purchase to have a sales charge of 3.75%? (Round up to the nearest share even if it is less than 5.) What the minuim amout of shares? What would be the total purchase price for (a), (b), or (c)? (Round your answers to the nearest cent.) Total Purchase Price for A B CHere’s an example of how breakpoint discounts on sales commissions for mutual fund investors work: Sales charge Less than $25,000, 6% $25,000 to $49,999, 5.75% $50,000 to 99,999, 5% $100,000 to $249,999, 4% Nancy Dolan is interested in the T Rowe Price Mid Cap Fund. Assume the NAV is 19.06. Here is what we need to find out: A.)What minimum amount of shares must Nancy purchase to have a sales charge of 5.75%? B.) What minimum amount of shares must nancy purchase to have a sales charge of 5%? (round up to the nearest share even if it is less than 5) C.)What minimum amount of shares must Nancy purchase to have a sales charge of 4%?(Round up to the nearest share even if it is less than 5) D.) Then, find out what the total purchase price for A, B and C.
- The Wildwood Fund sells Class A shares with a front-end load of 3.5% and annual operating expenses of 1%. Class B Shares have a 12b-1 fees of 1.5% annually and annual operating expenses of 0.75%. You plan to sell the fund after 7 years. Assume a 10% annual return. Assume that your initial investment is $100. What is Class A's ending value? Group of answer choices 163.32 177.66 176.41 181.46 152.14The Wildwood Fund sells Class A shares with a front-end load of 3.5% and annual operating expenses of 1%. Class B Shares have a 12b-1 fees of 1.5% annually and annual operating expenses of 0.75%. You plan to sell the fund after 7 years. Assume a 10% annual return. Assume that your initial investment is $100. What is Class B's ending value? Group of answer choices 179.57 156.09 165.94 168.62 146.69The Wildwood Fund sells Class A shares with a front-end load of 3.5% and annual operating expenses of 1%. Class B Shares have a 12b-1 fees of 1.5% annually and annual operating expenses of 0.75%. You plan to sell the fund after 7 years. Assume a 10% annual return. Assume that your initial investment is $100. Is Class A or Class B the better choice? Group of answer choices Class A is the better choice Cannot determine the answer from the information given Neither one is better Class B is the better choice
- An ordinary share of a conpany which engages no external financing is selling for rs.50. The EPS is rs.7.50 of which 60%is paid in dividends the growth rate un dividends is expected to be 4%.the corporate tax rate can be assumed to be 30%. The post cost tax of the fund is?Sub- Accounting You pay $23,600 to the Laramie Fund, which has a NAV of $31 per share at the beginning of the year. The fund deducted a front-end load of 6%. The securities in the fund increased in value by 10% during the year. The fund's expense ratio is 1.6% and is deducted from year-end asset values. What is your rate of return on the fund if you sell your shares at the end of the year? 1.75% 18.26% 14.78% 12.97%1. A fund is set up to charge a load. Its net asset value is P16.50 and its offer price is P17.30. A. Assume the fund increased in value by .30 the first month after you purchased 100 shares. What is the total gain or loss? Compare the total current value with the total purchase amount. B. By what percentage would the net asset value of the shares have to increase for you to break even?
- A Company wants to seek additional source of external financing. The current book value structure of the company is as follows: GHS13% Debentures (GHS 100 per debenture)800,00014% Preference Shares (GHS 100 per share)200,000Equity Shares (GHS 10 per share)1,000,000The following external financing opportunities are: (i)A debenture with 10-year maturity, 4% flotation cost and current market price of GHS 100.(ii)A redeemable preference share with 10-year maturity, 5% floatation cost and current market price of GHS 100. (iii)Equity shares – GHS 2 per share flotation costs and current market price of GHS 22.Dividend expected on equity share at the end year is GHS 2 per share, anticipated growth rate in dividends is 7%. Company pays all its earnings in the form dividends. Corporate tax rate is 50%. Required – Calculate the WACCPE fund Red Llama buys a company (with no existing debt or cash) for $500 million, at a purchase EBITDA multiple of 10.0x. Considering the financing, they figure they need to keep an interest coverage ratio of 1.8 post buyout. At that level the cost of debt is 7.4%. They borrow up to their debt capacity. At the end of the 3-year period, they sell the company at an exit EBITDA multiple of 12.0x. However, EBITDA has not changed at all. Capital expenditure and working capital investment are minimal and there is no dividend payment. All free cash flows are used to pay down debt. As a result, PE fund has paid off $60 million worth of debt during the 3-year period. What’s the EBITDA of Red Llama?XYZ is expecting EBIT of $80,000. It is considering 3 financing plans. In each case, the common stock will be sold at $20 per share. The key information follows. The tax rate is 50%. Plan A: Common stock: $200,000 Plan B: Bonds at 8%: $100,000; Common Stock: $100,000 Plan C: Preferred Stock at 8%: $100,000; Common Stock: $100,000. Interest on preferred stock must be paid each year. Find out the EPS for each plan Find out the financial break-even point for each plan Draw the EBIT-EPS graph Indicate over what EBIT range each plan is preferred.