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

Behati bought a couch at a store that was having a "buy now pay layer" sale. She bought the couch for $800, but she doesn't have to pay anything for 60 days. In 60 days she will have to pay $800 plus $50 interest. Which type of credit did she use?

Answers

Answer: Single lump-sum credit

Explanation:

With a single lump-sum credit, a person can buy goods without having to pay the full amount.

The buyer does not have to put down a down payment and will be required to pay off the amount they owe plus interest and service charges on a certain date. Behati therefore used a Single lump-sum credit.

The chart indicates the education or training histories of three employees in the Agriculture, Food, and Natural Resources career cluster. A 2-column table with 3 rows. Column 1 is labeled Employee with entries Prisha, Amos, Deliah. Column 2 is labeled Education and Training with entries High school degree, bachelor's degree, master's degree; High school degree, bachelor's degree; High school degree, on-the-job training. Based on the degrees usually required by Agriculture, Food, and Natural Resources, what are most likely the jobs held by these three employees? Prisha is a Food Scientist, Amos is a Veterinarian, and Deliah is a Floral Designer. Prisha is a Parts Salesperson, Amos is an Environmental Compliance Inspector, and Deliah is a Greenhouse Manager. Prisha is a Park Worker, Amos is an Environmental Engineer, Deliah is a Zoologist. Prisha is a Farm and Management Advisor, Amos is a Forester, and Deliah is an Equipment Operator.

Answers

Answer: D

Explanation:

Answer:

D

hope this helps!!!!11

Explanation:

ation in Business organizations
5
Select the correct answer.
Which phrase correctly defines the motives of a business?
OA. satisfying the needs of people
OB. helping a country's economy grow
OC. incurring expenses
OD. earning profits and providing value in the form of goods or services

Answers

Answer:

D. earning profits and providing value in the form of goods or services

Explanation:

Businesses are set-up to make profits. Entrepreneurs risk their resources, capital, and time with expectations to make a profit. For a business to be profitable, it must offer products or services that provide solutions to customers' problems. The reward or motivation that business people get for engaging in business is the profits realized.

Businesses face competition from other businesses offering the same products and services. To remain relevant and profitable, it must offer goods and services that give satisfaction to the customers.

Which education and qualifications would a high-level National Security Officer most likely need? Check all that apply.

design skills
customer-service skills
leadership skills
bachelor’s degree
discipline
high school degree

Answers

The education and qualifications that a high-level National Security Officer would most likely need are :

leadership skillsbachelor’s degreediscipline

Becoming a National Security Officer

Through a competitive, national, merit-based annual competition, successful applicants distinguish themselves as highly motivated in their academic and career goals and in their strong commitment to public service. In return for support, award recipients agree to work in qualifying national security positions for at least one year.

Thus, the education and qualifications that a high-level National Security Officer would most likely need are :

leadership skillsbachelor’s degreediscipline

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Answer:here's the answer for this question

Explanation:edge2023

Before we dig into Home Safety... Why is home safety important to learn about? In what ways can being educated in
home safety help you as you begin to purchase a home, move into a new home, and observe new homes that you visited?

Answers

Answer:

so you cant die

Explanation:

Why do countries trade with each other?

Answers

Different locations contain different resources, countries trade to exchange their resources with other countries. Countries also trade to gain profit. Some goods are in demand and by trading, they can make a flourishing economy.

We have this project in my business class, we have to come up with a store/business. I choose a candy store but I can’t think of any fine names. Can someone help me come with a name please?

Answers

Answer:

Candy Crush

Explanation:

Its catchy

Answer:

The Sweete Shoppe

The Lolly Pop

50 Shades of Candy

Explanation:

Sometimes news organizations have biases because:
A. they are concerned about a national crisis.
B. the government pays them to be biased.
C. they need to make money and get advertisers.
D. the audience has to be influenced.

Answers

Answer:

c

Explanation:

Sometimes news organizations have biases because they need to make money and get advertisers. Hence, option C is correct.

What is organizations?

a group of people who work together in an organized way toward a common objective: the World Health Organization. The essay was about international aid organizations. more occurrences.

A structured grouping of people, such as a company, nonprofit, political party, or club, is known as an organization. These speciality schools are mostly run by nonprofit organizations. a report from the International Labor Organization.

The majority of firms today use one of three types of organizational structures: functional, departmental, or matrix. The advantages and disadvantages of each form must be considered by owners before deciding which to utilize for their business.

Thus, option C is correct.

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Measures that you would take to minimize landslides in your locality.​

Answers

Answer:

There are also various direct methods of preventing landslides; these include modifying slope geometry, using chemical agents to reinforce slope material, installing structures such as piles and retaining walls, grouting rock joints and fissures, diverting debris pathways, and rerouting surface and underwater drainage.

PLEASE MARK ME AS BRAINLIEST

r u gae................................

Answers

Answer:

...............

Explanation:

Answer:

only for u

Explanation:

=) :) ÷) => !!!!!!!!

David, the manager of a bookstore, prefers to directly point out other's mistakes. Some employees see his communication style as rude and
aggressive. Which of the following can cause such a conflict?
O Concern over job security
Lack of trust
Differences in work styles
Diversity in the workplace

Answers

Answer:

Differences in work styles

Explanation:

Conflicts are serious disagreements. They arise from differences in ideas, opinions, methodology, or actions. Conflicts create tensions and may lead to verbal or physical violence if unresolved.

David, as the manager, has his style of working. The employees under him may have different methods of performing their roles. If David does not appreciate his junior ways of working, there could be tension and unnecessary conflicts.

how many legs does a fish have? and how many wings on a cow?

Answers

Answer:

0 and 0

Explanation:

The last line in a business letter is the _______.

Help please

Answers

Answer:

Salutation

Explanation:

Which represents the greatest acceleration?


200 m/s

200 cm/s2

0.020 km/s2

0.002 km/s2

Answers

Answer:

(3) 0.020km/s²

Explanation:

The option with greatest acceleration is the one with greatest magnitude.

To do this, we have to analyse each if the given options.

1. 200m/s.

This doesn't represent acceleration because acceleration is not measured in m/s. Rather, this option is a measure of velocity..

2. 200 cm/s²

[Convert to m/s²]

= 200 / 100 m/s²

= 2 m/s²

3. 0.020 km/s²

[Convert to m/s²]

= 0.020 * 1000m/s²

= 20m/s²

4. 0.002 km/s²

[Convert to m/s²]

= 0.002 * 1000 m/s²

= 2m/s²

By comparison options 1 through 4, option (3) has the highest magnitude of acceleration.

Hence, 0.020km/s² is the highest acceleration

Why do you need to create an effective advertising message? An effective advertising message tells customers about the specific details and features of your product. An effective advertising message tells customers what your competitors are offering. An effective advertising message tells customers the benefits of what you have to offer. An effective advertising message only focuses on products and not services.

Answers

Answer:

An effective advertising message tells customers the benefits of what you have to offer.

Explanation:

The main goal of an effective advertising message is to convince the potential customer population that their product is right for them and is the best choice in the current market. This is done by telling customers the benefits of what you have to offer. If the advertisement shows customer that the product provides a needed benefit to them it will be an efficient advertisement and convince them to buy it.

An example of a job that involves working mainly with receipts and bills is a(n):
A. Pediatrician
B.Reporter
C.Bookkeeper
D. Child-care Worker

Answers

Answer: C. Book keeper

81) When a seller advertises an item at a low price but once in store pushes a similar item at a higher price, the seller is participating in: A) price fixing B) price discrimination C) psychological pricing D) predatory pricing E) bait and switch.

Answers

Answer:

E) bait and switch

Explanation:

BAIT AND SWITCH can be defined as a way in which a seller use advert of a low price to deceive and attract customers to their shop in which the products or item advert by seller is not available in order to sell similar or separate product to the customer at a higher price instead of selling the same product with a low price advertised by the seller.

Example a seller may advert a quality Italian shoe with a low price of $50 in order to deceive a buyer or customers to their place of business by then selling a similar product of shoe that looks like the one advertise by them to the customer at a higher price of $300.

Named company after founder , not very common today

a) Why size up your market?

b) What are Founder Brands?

c) What is Customer segmentation and what purpose does it serve?

d) What are Invented Brand?

Answers

Answer: im guessing B bc it has founders in it

Explanation:

sorry if it wrong

I believe the answer is b

What is the act of gathering information relative to a company's action and the factors that affect the space in which the company operates?

Answers

The answer is Market Research .

Oliver's company is planning the launch of their hybrid cars. The company has included "never-before-seen" product benefits in the hybrid cars. Which type of advertising should Oliver's company use for the new cars?

Answers

Answer:

Guerrilla marketing

Explanation:

Guerrilla marketing is one of the marketing and advertising methods. In this method, the conventional means are not adopted for the promotion of the product. The seller adopt methods to grab the attention of the buyers and the customers. In this method, surprises, catchy lines and promotional techniques are used lure the customers. Here imagination and creativity is given priority for the promotion.  

In the given excerpt, Oliver's company used a tag "never-before-seen" to attract the customers.

What is the purpose of active listening?

Answers

Explanation:

Active listening serves the purpose of earning the trust of others and helping you to understand their situations. Active listening comprises both a desire to comprehend as well as to offer support and empathy to the speaker.

Gaining others' trust and gaining insight into their circumstances are two benefits of active listening. Both a want to understand and a desire to support and empathize with the speaker are components of active listening.

What are components?

A component is an identifiable portion of a larger program or construction in the programming and engineering fields. A component often performs one specific function or a set of related functions. A component is something that is a piece of a bigger whole. An example of a component is a CD player in a stereo system. An illustration of a component is an ingredient in a recipe. Noun.

Abiotic factors are non-living parts of an ecosystem that have an impact on their surroundings. Terrestrial ecosystems can be characterized by factors like temperature, light, and water. Ocean currents and salinity are examples of abiotic components in a marine ecosystem.

Active listening is a technique for listening to and responding to another person that enhances comprehension between the two parties. To diffuse the situation and look for solutions to issues, it is crucial to take this initial move. Students will learn what active listening is in this session and why it is crucial for handling disagreements.

Therefore,  the speaker is a component of active listening.

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Select all that apply
Items listed in the interests/activities section of a résumé are used to:

exemplify you are active
exemplify you are well rounded
exemplify you are intelligent
exemplify you are committed

Answers

Answer: exemplify you are well rounded

Explanation:

Items listed in the interests/activities section of a résumé are used to exemplify you are well rounded.

The essence of listing your interests or hobbies is to show the recruiting officer that one is well rounded and fits the particular position.

This part of the resume also makes one stand out or unique from others and can be used to complement ones academic qualifications.

How does the work done by agriculture communications professionals compare to and differ from that of other marketing workers?

Answers

Answer:

Agriculture communications professionals need to have the same basic background on marketing, covering areas such as market research, product research, and market communication.

However, they will also need to have an agriculture-related background, because they need to understand the dynamics of the agriculture business, from farm issues, to the kind of crops or produce that they can buy or sell in a specific area, to even agricultural policy.

if i were own a liquor store. how would supply and demand effect the way i run the store.

Answers

Answer:

Wait, why did my answer get deleted? I put a fair amount of detail into it, didnt I?

If people want beer and you only have a supply of wine they aren’t going to you’ll see less customers because you aren’t supplying what they want

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

Answers

Answer:

The answer to this question is true.

Answer:

it is trueee

Explanation:

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.

Jared notices a charge for tires in last month's checking account statement. However, Jared does not own a car. Which course of action should Jared take?

Answers

Answer:

he should do the course od iit

Answer: He should contact his bank immediately.

Which macroeconomic goal do investments in human capital and capital goods contribute to? How?

A
Such investments contribute to the goal of price stability by increasing economic production.

B
Such investments contribute to the goal of economic growth by increasing government spending.

C
Such investments contribute to the goal of price stability by increasing consumer spending.

D
Such investments contribute to the goal of economic growth by increasing economic productivity.

Answers

I think it B I might be wrong but b is the only that make sense

How is product placement different from a commercial?

business sucks!

Answers

Answer:

Product placements in music videos range from 3-5 minutes whereas product placement in movies can range in 12 minutes-1.5 hours or more in length. A commercial is specifically geared specifically toward interrupted television with a 5-30 sec ad placed in between TV shows.

Product Placement is when a trademark is seamlessly incorporated into the story and plot, of video production.

What is Product Placement?

The significant kinds of product placement are either visual, verbal, signage, or usefulness.

Product placements in theme videos vary from 3-to 5 minutes whereas product placement in movies can meander from 12 minutes-1.5 hours or more in length.

A commercial is geared especially toward interrupted television with a 5-30 sec ad established in between TV shows.

A commercial is especially geared toward interrupted television with a 5-30 sec ad established in between TV exhibitions.

The expenditures of each of these can vary which depend on the reach, demographics of viewership, target markets, time of day, and more additional variables.

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_ 5. Which of the following is an example of terminal punctuation?
A. Comma.
B. Question mark.
C. Quotation mark.
D. Colon.​

Answers

B. question mark
terminal punctuation refers to punctuation marks used to identify the end of a portion of text.
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