Lee Ray bought 250 shares of a mutual fund with a NAV of $13.85. This fund also has a load charge of 7%.



a. What is the offer price? (Round your intermediate and final answer to the nearest cent.)



b. What did Lee pay for his investment? (Round your intermediate and final answer to the nearest cent.)


Answers

Answer 1

Answer: a. $14.9

b. $3725

Explanation:

a. What is the offer price?

This will be calculated as:

= NAV / (1 - load charge %)

= 13.85 / (1 - 7%)

= 13.85 / (1 - 0.07)

= 13.85 / (0.93)

= $14.9

B. What did Lee pay for his investment?

This will be:

= Number of shares bought × Offer price

= 250 × $14.9

= $3725


Related Questions

an example of a personal skill is

Answers

Answer:

Well, Personal skills refer to the inner abilities.  Examples of personal skills include the ability to communicate with others, Leadership skills, or Management skills.

Which of the following employees is most at risk of repetitive strain injury?
A.
A shipping employee who performs the same lifting motion over and over
B.
An administrative employee who keeps frequently used objects nearby
C.
A sales person who stands up and changes positions frequently
D.
An accounting employee whose feet rest on the floor

Answers

Answer:

A. A shipping employee who performs the same lifting motion over and over.

Explanation:

A shipping employee who performs the same lifting motion over and over, employees is most at risk of repetitive strain injury.

What is an employee?

A worker or manager who works for a business, group, or community is referred to as an employee. The organization's personnel consists of these people. There are various types of employees, but in general, any individual engaged by an employer to do a specific task in exchange for remuneration is considered an employee.

The term repetitive injury refers to that, The impacts that affected the muscles, strains, or nerves. As this technique can be caused injuries. They commonly affected the elderly.

Therefore, option (A) is correct

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41. You own 25% of Unique Vacations, Inc. You have decided to retire and want to sell your shares in this closely held, all equity firm. The other shareholders have agreed to have the firm borrow $1.5 million to purchase your 1,000 shares of stock. What is the total value of this firm today if you ignore taxes? A. $4.8 million b. $5.1 million c. $5.4 million d. $5.7 million e. $6.0 million

Answers

Answer:

e. $6.0 million

Explanation:

The computation of the total value of the firm is shown below:

The Value of the firm is

= Amount borrowed ÷ ownership percentage

= $1,500,000 ÷ 0.25

= $6,000,000

Hence, the total value of the firm is $6,000,000

Therefore the correct option is e.

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

A cube has a side length (s) of 5 centimeters. The expression 6s2 gives the surface area of the cube and the expression s3 gives the volume. What is the volume and surface area of the cube?

Answers

Answer:

The volume and surface area of the cube is 125 cm³ and 150 cm² respectively.

Explanation:

The expression for the surface area of the cube :

A = 6s²

s is the side of the cube

The expression for the volume of the cube is :

V = s³

We need to find the volume and surface area of the cube.

For surface area : S = 6(5)² = 150 cm²

For volume : V = (5)³ = 125 cm³

Hence, the volume and surface area of the cube is 125 cm³ and 150 cm² respectively.

Depending on a person's _____, he or she may be held to a higher standard of care.

place of residence
personality
wealth
profession

Answers

I believe it’s Profession

You like my koala his name is Fred


Answers

Yes he’s very cute :)

Answer:

i do like your koala

Explanation:

A yield can be paid in the form of?

Answers

Answer:

both a and b

Explanation:

All of the following information should be researched before a job interview EXCEPT what?
a. the occupational field
b. the employer
c. the office dimensions
d. the specific job

Answers

Answer:

C. the office dimensions.

Explanation:

Answer:

C. office dimensions

Explanation:

edge 2022

They have not flesh, nor feathers, nor scales, nor bone. Yet they have fingers and thumbs of their own. What are they?

Do not google it

Answers

Answer: ohh ive heard this one my freind told me this riddle: it would be gloves

Explanation:

i hope this helps :)

Have a good day :D

what is sole trading concern​

Answers

Answer:

not getting equal stuff back

Explanation:

A person studying economics chooses to buy an economic textbook for their class, even though it means they
cannot afford to buy a video game they want. This shows an understanding of
O goods.
O services.
O production.
consequences and tradeoffs.

Answers

Answer:

I think the answer is consequences and tradeoffs

Explanation:

Affordability is the term referred to as the ratio of expenditure to income. It is the per ratio of expenditure that the person spends as the part of the income and the income is the total sum of the amount that is with the person as the term salary.

The correct answer is consequences and tradeoffs.

Option consequences and tradeoffs are correct because it is the describing the affordability of the books and the affordability of the games. The person is so dedicated to the book for knowledge as compared to the video games.

Options:

Goods.

Services.

Production.

These options are wrong because they do not describe the affordability of the person. These options are the basic or the general words of economics.

To know more about affordability and economics, refer to the link below:

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Use this information for Flapjack Corporation to answer the question that follows. Flapjack Corporation had 8,200 actual direct labor hours at an actual rate of $12.40 per hour. Original production had been budgeted for 1,100 units, but only 1,000 units were actually produced. Labor standards were 7.6 hours per completed unit at a standard rate of $13.00 per hour. The direct labor rate variance is

Answers

Answer:

the  labor rate variance is $4,920 favorable

Explanation:

The computation of the labor rate variance is shown below:

= (Standard rate - Actual rate) × Actual Hours

= ($13 - $12.40) × 8,200 hours

= $4,920 Favorable

hence, the  labor rate variance is $4,920 favorable

We simply applied the above formula so that the correct value could come

And, the same is to be considered

The chart below shows an exchange rate table.

A 2-column table has 6 rows. The first column is labeled Currency with entries Bulgarian lev, Canadian dollar, Swiss franc, British pound, Japanese yen, and U S Dollar. The second column is labeled Exchange rate on April 3, 2013 (euro = 1) with entries 1.96, 1.301, 1.2149, 0.8482, 119.4065, 1.2839.

In this table, the reference currency is the

US dollar.
Swiss franc.
Japanese yen.
euro.

Answers

Answer:

the answer is (d) euro. might be wrong tho i dont know

sry...

In the table given below, based on the other currency rates, the reference currency is the Euro.

Reference Currency This is the currency that the other currencies are being compared to. Takes the value of 1.

In the table above, the Euro takes the value of 1 and the other currencies are compared to it. This means that it is the reference currency. The reference currency can be used to calculate the exchange rate between the other currencies.

In conclusion, option D is correct.

Find out more about reference currencies at https://brainly.com/question/25970050.

Which of the following is a source of insurance? *

Answers

Answer:

Court ruling

Regulations

What grade are y’all in ? So I can give some advice ! Middle school or high school ?

Answers

Answer:

Im in middle school, 7th grade

Explanation:

Some advice would be great :)

Allocate $249,000 net income by providing annual salary allowances of $66,000 to Ries, $56,000 to Bax, and $80,000 to Thomas; granting 10% interest on the partners' beginning capital investments; and sharing the remainder equally.

Answers

Answer:

Some information was missing: Ries invested $80,000 , Bax invested $112,000, and Thomas invested $128,000.

allocation of profits:

Ries = $66,000 + ($80,000 x 10%) = $74,000

Bax = $56,000 + ($112,000 x 10%) = $67,200

Thomas = $80,000 + ($128,000 x 10%) = $92,800

total = $234,000

remaining profits = $249,000 - $234,000 = $15,000 / 3 = $5,000

total allocation of profits:

Ries = $79,000Bax = $72,200Thomas = $97,800total = $249,000

If you get stuck in the window of a car. What do you do?

Answers

Answer:

roll down the window and brake it if you cant roll it down

Explanation:

Answer:

OH WELL BYE YOUR DEAD depending on if you are driving but if not you can bust the window out or roll the window down

Explanation:

Economics: Which one of the Fed actions in Part 1 might be more difficult if U.S. currency still consisted of demand notes rather than fiat money?




Choose one or more:



A. Lowering the reserve requirement



B. Selling short-term U.S. Treasury securities



C. Increasing the discount rate



D. Buying short-term U.S. Treasury securities



E. Quantitative easing



F. Raising the reserve requirement



G. Decreasing the discount rate

Answers

Answer:

E. Quantitative easing  and  Buying short-term U.S. Treasury securities

Explanation:

Anyone have a good name for a sports media company?

Answers

Less go, as if you will offer less money to give them the service

Macroeconomics is the study of economics on a very small scale

Answers

Wow I have never seen this

The demand for gas in a country becomes price-inelastic.
What will happen as a result?
A. Gas workers will be less likely to be successful in obtaining wage increases.
B. Gas workers will be more likely to be successful in obtaining wage increases.
C. Total expenditure on gas by consumers will fall when its price rises.
D. Total expenditure on gas by consumers will rise when its price falls.

Answers

IS A the wage increases

The demand for gas in a country becomes price-inelastic as a result, as workers will be less likely to be successful in obtaining wage increases. Thus, option A is correct.

What is the demand?

The quantity of a good that consumers are willing and able to buy at different prices during a specific time is known as demand. The demand curve is another name for the relationship between price and quantity demand.

Demand stimulates the economy and drives profits. It's a crucial idea as a result. Supply and demand are closely related ideas. Suppliers seek to maximize profits, while consumers strive to pay the lowest costs possible for goods and services.

As a result, a nation's demand for gas becomes price-inelastic because workers are less likely to be successful in getting raises.

Therefore, option A is correct.

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Adam is an Engineering student but has decided that he does not want to work in that field, but in the Manufacturing career cluster. He enjoys the process of designing products. What career pathway would be the best fit for Adam?

Maintenance, Installation, and Repair pathway
Manufacturing Production Process Development pathway
Logistics and Inventory Control pathway
Health, Safety, and Environmental Assurance pathway

Answers

Answer:

Manufacturing Production Process Development pathway

Explanation:

edg 2020 just took the review

Which of these factors is an advantage to using cash?

Answers

Answer:

B no fees or charges

Explanation:

Your welcome

Answer:

B.no fees or changes this is the right one

Teams have better communication than other workers because they get to ______. a. Know each other better b. Attend communication seminars c. Earn extra benefits packages d. Use better telephones Please select the best answer from the choices provided A B C D

Answers

Answer:

a. Know each other better

Explanation:

A team refers to a group of people or set of individuals possessing various skill set, knowledge and experience coming together to work on a project or task in order to successfully achieve a set goal and objective.

This ultimately implies that, a team comprises of individuals, workers or employees having complementary skills, knowledge and experience needed to execute a project or task successfully. Therefore, a worker that is working in a team is usually privileged to interact with the other members of the team and as a result, this enhances performance and strengthen the level of relationship they share.

Hence, teams have better communication than other workers because they get to know each other better in the course of brainstorming, interaction and sharing of ideas while trying to accomplish a common goal or execute a project (task).

Answer:

a is the answer!

Explanation:

Which of the following documents thanks the interviewer and restates the applicant’s interest in the job?
a.
Cover letter
b.
Acceptance letter
c.
Thank-you letter
d.
Rejection letter

Answers

Answer:

i think its b

Explanation:

sorry if im wrong

Answer:

C

Explanation:

What marketing strategy decisions do marketers have with product lines?

Answers

Product marketers must decide what products will be offered (i.e., the breadth and depth of the product line ). The product line breadth is one of the four dimensions associated with a company's product mix.

Use the seven W's framework to highlight the nature of important roots of uncertainty in (Challenger Space Shuttle) case study. Justify your answer in details?

Answers

Answer:

Following are the solution to the given question:

Explanation:

This was the pressures from manned spacecraft begin which the Marshall Home Space Center semiconductor director Stephen Mulloy made when he learned the Mitchell engineers' protests to the release candidate, My Goodness, Thiokol, did you once wish that Maine was launched in April? Next year? Thus 'externe pressures,' by both the independent agency, were fully accepted as structural aims, the necessary level of Leadership was authorized far back, the choice for producing around with a couple of hundred people/policymakers were concentrated, their ears shifted, the important structures for concentrate had weakened as well as the stage of a catastrophe was prepared for humanity and although the primary cause of the O-ring error was same, if not more significant, poor strategic thinking.  The most recent characteristics of vulnerability or weakness were also:

A serious flaw in NASA method of judgment: The well-designed system that emphasizes safety 1st, maintains or lifts the doubts about Rocket Engine Booster's mutual seal to the forefront. In just such an important project, which involved the safety of seven colonists as well as the prestige of Canada, 'having left the restriction of release' is essential with all levels of management of higher audits. NASA's 'Silo' continues to operate: The Commission exposed jointly that leadership pattern of 'silo activities' at Morris, unremarked their core ideology of 'flight security to launch' to accomplish the point of time constraints. Excessive strain on the company and structure of autonomous agencies: It Panel jointly discovered how Boeing Leadership changed its position in Marshall's 'impact' and, counter to the view of its technicians, to please a major customer.Increased pressure to accomplish NASA's objective, success, and central ideology: Good contact is 'Productive and moral service to the customer'. This was the start of the deterioration of the autonomous department's core philosophy. NASA's structural stresses: As just an independent agency, it is affected by the continuity of the increasing manned spacecraft travel plans to meet Regan's technology and commercial aims. NASA's lack of even an efficient communication system: The cost assessment of the light contact lose sight of questions about management, morality is the quote from the Rogers discussion paper.

after trying a few pairs of boots sima decidecs yo buy a pair thjat all the girls at school wear even tho the boots are un comfy for her what is this an example of

Answers

Answer:

yo question make make no  sense

Explanation:

Please I need help it’s due today

Answers

Answer:

Forget about school, its the big ;man trying to bring us down. Focus on the grind Brotha follow yo dreamzz.

Explanation:

You got it my g

Insurance rates are lower for those with poor credit true or false

Answers

Answer:

False

Explanation:

In the states that allow the use of credit in setting rates, drivers with poor credit pay an average of $1,270 more per year for auto coverage than those with good credit.

So false
Other Questions
Read this paragraph from Passage 2.There are also many costs involved in making movies that most people do not know about. There are the costs of the actors, directors, and all the other workers on the movie sets. The costs of the sets, locations, accommodations, and all the other things that are needed can also add up very quickly. Once the movie has been shot, there are many costs added in the editing process, especially if computer-assisted graphics are needed for the movie. Once the movie is ready to be released to the public, the costs increase even more. Advertising and promoting the movie, along with distributing the movie to the theaters can cost as much as the movie itself. All along the way, everyone involved in the movie is trying to make money and hoping that their movie will generate enough revenue to make a profit.Why did the author MOST likely include this paragraph in the passage?A to explain what goes into making a movieB to explain why movies cost so much to makeC to explain why producers need their movies to make a profitD to explain what steps movie makers go through to make movies What required all men aged 21-30 to register for the draft?O A. Food AdministrationO B. Selective ServiceO C. Liberty LoansO D. War Industries Board what will be the effect improper of storage dressing Find the measure of the unknown angle. CAN ANYONE HELP ME WITH THIS ELAR ASSIGNMENT!! An outfielder throws a baseball to the second baseman at a speed of 19.6 m/s and and angle of 60 degrees above the horizontal. If the ball is caught at the same height from which it was thrown, calculate the amount of time the ball was in the air find the value of this expression if x= -7x^2+5/x+1 How many projected openings are there currently for roofers in Ohio?1507000650600 The letters in acronymic abbreviations must be ok so um I have adhd and I haven't taken my pill in a long time and I just took it again cause I have been distracted instead of doing my work and whenever I take the pill my mouth gets really dry so I gag a lot, I barely eat anything, I get really tired and dizzy to the point where I pass out, and my lips get really dry so I pick at it but rn I feel really different like i'm crying a lot for no reason thing it's not that time of the month and my eyes feel like they are about to fall out of my head. I told my mom she says it's nothing but idk i'm scared is something wrong with me? (btw I take vyvanse 40 milligrams) PLEASE HELP Based on the map, which statement about theexpansion of the MauryanEmpire is accurate?enreAsoka was prevented from expanding into easternareas of India.Asoka was able to conquer the majority of the Indiansubcontinent.Asoka was less successful than his grandfather ingaining new territory.Asoka expanded the empire to the northwest ofChandragupta's empire. Which statement best describes the Byzantine Empire's economy in the seventh century?A.The economy had many investors from feudal Europe.B.The economy relied heavily on trade with foreign countries.C.The economy took advantage of the Mediterranean Sea.D.The economy was fueled by war with its neighbors. A department store is offering the same percentage discount on all of their shoes. Suppose one pair of shoes is marked down from $70 to $49. Based on that percentage discount, what would the new price be for a pair of shoes that originally cost $100? MIDDLE SCHOOL QUESTION 2 elements of a Graphical User Interface Use the drop-down menus to choose steps in order to correctly solve4k - 6= -2k - 16 - 2 for k. ________ seem as a group to be mildly regressive, and ________ seem as a group to be mildly progressive.A) Federal taxes; state and local taxes.B) Federal and state taxes; local taxes.C) Local taxes; federal and state taxes.D) State and local taxes; federal taxes. when luffy catches a bon..er What are the factors of this expression?3/4xy 13. What is not a trait of the members in the kingdom Archaebacteria?O no nucleusO require sunlightO reproduce by binary fissionO single-celled I need help solving this