13. A mutual fund owns 300 shares of General Electric, currently trading at $30, and 400 shares of Microsoft Inc., currently trading at $54. The fund has 1,000 shares outstanding. a. What is the net asset value (NAV) of the fund? b. If investors expect the price of General Electric shares to increase to $34 and the price of Microsoft shares to decrease to $46 by the end of the year, what is the expected NAV at the end of the year? c. Assume that the expected price of the General Electric shares is realized at $34. What is the maximum price decrease that can occur to the Microsoft shares to realize an end-of-year NAV equal to the NAV estimated in part (a)?
a. The net asset value (NAV) of the fund is calculated by dividing the total value of the assets by the number of shares outstanding:
Total value of General Electric shares = 300 shares X $30/share = $9,000
Total value of Microsoft shares = 400 shares X $54/share = $21,600
Total value of assets = $9,000 + $21,600 = $30,600
Net asset value (NAV) of the fund = Total value of assets / Number of shares outstanding = $30,600 / 1,000 shares = $30.60/share.
Therefore, the NAV of the fund is $30.60/share.
b. To calculate the expected NAV at the end of the year, we need to calculate the total value of the assets at the end of the year using the expected prices of the shares:
Expected total value of General Electric shares = 300 shares X $34/share = $10,200
Expected total value of Microsoft shares = 400 shares X $46/share = $18,400
Expected total value of assets = $10,200 + $18,400 = $28,600
Expected NAV of the fund = Expected total value of assets / Number of shares outstanding = $28,600 / 1,000 shares = $28.60/share.
Therefore, the expected NAV at the end of the year is $28.60/share.
c. We can use the formula for the NAV to calculate the maximum price decrease of Microsoft shares that would still result in an NAV equal to the NAV estimated in part (a):
$30.60/share = (300 shares X $34/share + 400 shares X $54/share - 400 shares x P)/1,000 shares
where P is the price of Microsoft shares at the end of the year.
Solving for P, we get:
P = ($30.60/share X 1,000 shares - 300 shares X $34/share - 400 shares x $54/share)/-400 shares
P = $42.15/share
Therefore, the maximum price decrease that can occur to the Microsoft shares to realize an end-of-year NAV equal to the NAV estimated in part (a) is $54/share - $42.15/share = $11.85/share.
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Leitfragen Wie werden Produkte in der Landwirtschaft erzeugt?
Answer: Die Erzeugung von Produkten in der Landwirtschaft erfolgt durch den Anbau von Pflanzen und die Haltung von Tieren. Die Methoden und Techniken, die dabei eingesetzt werden, variieren je nach Art der Landwirtschaft und den spezifischen Anforderungen der Produkte.
Im Pflanzenbau werden verschiedene Kulturen wie Getreide, Obst, Gemüse oder Ölsaaten angebaut. Dabei kommen verschiedene Anbaumethoden zum Einsatz, wie zum Beispiel konventioneller Anbau, ökologischer Anbau oder integrierter Anbau. Die Wahl der Methode hängt von verschiedenen Faktoren ab, wie Bodenbeschaffenheit, Klima, Verfügbarkeit von Ressourcen wie Wasser oder Dünger und den Anforderungen des Marktes.
In der Tierhaltung werden verschiedene Tiere wie Rinder, Schweine, Hühner oder Schafe gehalten. Auch hier gibt es unterschiedliche Haltungsbedingungen und Methoden, wie zum Beispiel konventionelle Stallhaltung, Freilandhaltung oder ökologische Tierhaltung. Die Wahl der Methode hängt von Faktoren wie Tierwohl, Umweltbelastung und wirtschaftlichen Faktoren ab.
Insgesamt ist die Landwirtschaft ein komplexes und vielseitiges Feld, das eine breite Palette von Produkten hervorbringt und unterschiedliche Anforderungen an die Produktion stellt.
You’re writing a family newsletter to let everyone know what’s going on with your family members. Choose three family members and write 2-3 sentences in German about each person. Describe what is happening in their lives now and/or what has happened in the recent past.
Explanation:
there is my answer and i hope it is correct
In German, write 3 sentences according to the following suggestions. 1. Write a sentence telling what you used to do when you were 8 years old. 2. Write a sentence telling what you do when das Wetter gut ist. 3. Write a question asking what time something will happen. In German, write 3 sentences according to the following suggestions. 1. Write a sentence telling what you used to do when you were 8 years old. 2. Write a sentence telling what you do when das Wetter gut ist. 3. Write a question asking what time something will happen.
Answer:
Explanation:
1. Als ich acht war spielte ich mit Puppen und malte
2. Wenn das Wetter gut ist spiele ich draussen mit meine Familie
3. Um wie viel Uhr gehen wir zum Theater
Hope this helped!