Answered: Last year you bought the Viking Mutual… | bartleby

FINANCIAL ACCOUNTING

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Last year you bought the Viking Mutual Fund,
which has total assets of $240 million,
liabilities of $10 million, and 15 million shares
outstanding.
a) What is the net asset value per share?
b) If the current price is $18, is this a good
deal? (Yes or No)
Round to the nearest cent. DO NOT INCLUDE
COMMAS OR $.
Submit

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In you cash account, you buy 100 shares of XYZ Corporation at a price of $10 per share. Two months later, XYZ pays a dividend $0.21 per share. You sell all 100 shares of XYZ three months later at a price of $12 per share. What is your total return on this trade in dollar amount?
don't provide handwritten solution.
Abel, Inc. just paid a dividend of $3.0 per share and you think they will continue to pay $3.0 per year indefinitely. If the appropriate discount rate is 11%, how much should the price of a share be? (Answer to the nearest penny.)
7. You invest $7,873 in stock and receive $102, $123, $121, and $155 in dividends over the following 4 years. At the end of the 4 years, you sell the stock for $11,900. What was the IRR on this investment? Review Only Click the icon to see the Worked Solution (Calculator Use). Click the icon to see the Worked Solution (Spreadsheet Use). The IRR on this investment is %. (Round to the nearest whole percent.)
Answer the following problems with a complete solution. a. Find the 5% commission on the total sales of P20,000.00 b. You bought 20 shares at P750.00 per share. The broker charged her a P150.00 commission. Find the cost of the stock.c. You own 105 shares, par value P200.00. If the corporation declares an 8% dividend, what is the total dividend that should get? d. You bought ten P750.00 bonds at 315 plus a 6% brokerage fee. Find the investment.
Weston Corporation just paid a dividend of $3.75 a share (i.e., Do $3.75). The dividend is expected to grow 11% a year for the next 3 years and then at 4% a year thereafter. What is the expected dividend per share for each of the next 5 years? Do not round intermediate calculations. Round your answers to the nearest cent. D1 = $ D2 = $ D3 $ %D D4 = $ D5 = $ %24 I| ||
A closed-end investment company has a net asset value of $12.75. A year ago the shares sold for a 24 percent discount but that discount has narrowed (that is, declined) to 12 percent. If the company distributed $1.05 a share, what was the return on an investment in the shares before considering commissions on the purchase? Round your answer to two decimal places. %
How do I solve this?
Weston Corporation just paid a dividend of $2.75 a share (i.e., D0 = $2.75). The dividend is expected to grow 9% a year for the next 3 years and then at 5% a year thereafter. What is the expected dividend per share for each of the next 5 years? Do not round intermediate calculations. Round your answers to the nearest cent. D1 = $ D2 = $ D3 = $ D4 = $ D5 = $
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Weston Corporation just paid a dividend of $2.5 a share (i.e., Do = $2.5). The dividend is expected to grow 12% a year for the next 3 years and then at 4% a year thereafter. What is the expected dividend per share for each of the next 5 years? Do not round intermediate calculations. Round your answers to the nearest cent. D₁ = $ D₂ = $ D3 = $ D4 = $ D5 = $
Please answer is 24840, only post if your answer comes this with explanation and concept. Thabks!

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