Question

Is there anyone that can help with my finance homework?? I'm clueless :(

Answer 1

depends on the question, but I may be able to help

go ahead and post it

Answer 2

Assume you purchased a high-yield corporate bond ar its current market price of $850 on January 2, 2004. It pays 9% interest and will mature on December 31, 2013, at which time the corporation will pay you the face value of $1,000.

Answer 3

it seems something is missing, but I cannot figure out what...hmm

is there more to this?

Answer 4

Opps thats the wrong one I already figured that one out. The actual problem is......

In the prospectus for the Brazos Small Cap Fund, the fee table indicates that the fund has a 12b-1 fee of 0.35% and an expenses ratio of 1.65% that is collected once a year on December 1. If John and Don Norwood have shares valued at $31,000 on December 1.
a. What is the amount of the 12b-1 fee this year?
b. What is the amount they will pay for expenses this year?

Answer 5

hmm not sure, but it sounds like it would be 0.35% of 31,000

Answer 6

that sounds too simple though

Answer 7

thanks how about this

Assume that one year ago, you bought 100 shares of a mutual fund for $14 per share, you received a $0.75 per-share capital gain distribution during the past 12 months, and the market value of the fund is now $17. Calculate the total return for this investment if you were to sell it now.

Answer 8

well you spent 100*14 = 1400 dollars total

Answer 9

you received $0.75 per share, so for 100 shares you received 0.75*100 = 75 dollars

Answer 10

if you were to sell all 100 shares at $17 a share, then you would gain 17*100 = 1700 dollars

so 1700 + 75 - 1400 = 375 would be your return (if I'm not missing anything)