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Im not sure how to calculate this contigent deferred sales load. please help
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- When Su Young-Ji went to withdraw $3,000 from the Nationwide Fidelity Mutual fund, he was informed that the fund would charge 4 percent of the amount withdrawn. What is the dollar amount of the withdrawal charge?Jack Walter recognizes the value of saving part of his income. He has set a goal to have $15,000 in cash available for emergencies. Assume he invests semiannually to have $15,000 in five years and the sinking fund he has selected pays 8% annually, compounded semiannually. Find the total interest earned on the sinking fund using the given table. E Click the icon to view the table. The total interest earned will be S . (Round to the nearest cent as needed.)Chris Lavigne invested a total of $10,200 in the AIC Diversified Canada Mutual Fund. The management fee for this particular fund is 2.55 percent of the total investment amount. Calculate the management fee Chris must pay this year. (Round your answer to 2 decimal places. Omit the "$" sign in your response.) Management fee $
- Identify which fund transfer process each scenario best represents. Scenario Two years ago, Larry started a new business. Now he needs additional capital to finance additional growth and is meeting with a group of "angel" investors. If they decide to make the loan, they will do so without the use of a middleman or other intermediary. Wellington Industries would like to borrow additional debt capital. The company has hired a firm to assist in the sale of a new issue of 10-year bonds. Anderson Animations, Inc. holds cash balances in an institution that, in turn, loans out the funds to other individuals and companies. Direct Transfer O True False O O O Indirect Transfer through an Investment Banking House O Indirect Transfer through a Financial Intermediary True or False: The existence of financial middlemen and financial intermediaries decreases the efficiency of the financial markets.Chelsea invested the profit of his business in an investment fund that was earning 2.50% compounded monthly. In 4 years, he began withdrawing $3,000 from this fund at the end of every 6 months. If the money in the fund lasted for the next 6 years, how much money did he initially invest in the fund? Please include a well-labelled timeline diagram. Full solutions should be shown on separate sheets of paper. Submit your solutions. $ Round to the nearest centA year and a half ago, Mark purchased 5,000 shares in a mutual fund called Epic Inc. for $15.75/share. Mark decided to sell 3,000 shares on December 17, 2021, when the share price was at $19.95/share. His investment broker counseled him not to sell as the fund was a back-end loaded fund. Year funds are redeemed/sold Deferred sales charge Within the first year 6% In the second year 5% In the third year 4% In the fourth year 3% In the fifth year 2% In the sixth year 1% After the sixth year 0% What is the amount Mark will receive for the sale of these shares when the deferred sales charge is applied to the selling price (ignore income taxes)? A $94,762.50 B $56,857.50 C $9,607.50 D $56,259.00 E $16,012.50
- Your financial advisor from Bluerock recommends you to invest in one of the plan. You want to compare and verify which of the following is the best investment option. Investment Plan A: Deposit $125,000 at the beginning and obtain $175,318.97 after 5 years.Investment Plan B: Deposit $243,000 at the beginning and obtain $319,771.42 after 7 years.Investment Plan C: Deposit $314,000 at the beginning and obtain $530,496.39 after 9 years. 1. Compute interest rate for all 3 plans. Which investment plan provides you the highest rate? 2. Your advisor updated the investment plan information yesterday. While the interest rate did not change for all 3 plans, future values of each investment are 210382.76, 415702.85, 742694.95, respectively. What would be the investment period for each plan? 3. Your advisor thinks it would be a good investment if you make an investment portfolio using all 3 investment plans suggested. He recommends investing in all 3 plans at year 0 and reinvest the money to…Michele purchased 100 units of an Equity Mutual Fund 3 years ago for $40 per unit. During the three years she received $3 per share in dividend distributions, $2 per share in capital gain distributions, and capital gains of $100 when she sold the fund at the end of three year period. What is the return over the holding period? Show your calculations.Kristen invested the profit of her business in an investment fund that was earning 3.25% compounded monthly. In 5 years, she began withdrawing $4,500 from this fund at the end of every 6 months. If the money in the fund lasted for the next 4 years, how much money did she initially invest in the fund? Please include a well-labelled timeline diagram. Full solutions should be shown on separate sheets of paper. Submit solutions. $ Round to the nearest cent your
- Your grandfather urged you to begin a habit of saving money early in your life. He suggestedthat you put $5 a day into an envelope. If you follow his advice, at the end of the year youwill have $1,825 (365 3 $5). Your grandfather further suggested that you take that moneyat the end of the year and invest it in an online brokerage mutual fund account that has anannual expected return of 8%.You are 18 years old. If you start following your grandfather’s advice today, and continuesaving in this way the rest of your life, how much do you expect to have in the brokerageaccount when you are 65 years old?A pensioner is expecting a lump sum of GHC 200,000 when she goes on pension next year and is thinking of the best way to allocate the funds to be received. An investment analyst has introduced her to a four funds as follows: Gamma Fund: This specializes in money market instruments and bonds of large corporations Delta Fund: This specializes in equities of exchange listed financial institutions Beta Fund: This specializes in bonds and equities of all good performing companies Index Fund: This is a portfolio that mimics the Ghana Stock Exchange All Share Index The investment analyst gathered information about the performance of the four funds and this is presented below: Funds Mean Return Standard Deviation Beta Co-efficient Gamma 15% 8% 0.25 Delta 20% 14% 1.20 Beta 18% 14% 0.85 Index 17% 12% 1.00 The rate on Government of Ghana five-year bond which is used as the standard risk-free rate is 8% per annum. The…Amanda invested the profit of her business in an investment fund that was earning 3.25% compounded monthly. She began withdrawing $3,500 from this fund every 6 months, with the first withdrawal in 4 years. If the money in the fund lasted for the next 7 years, how much money did she initially invest in the fund? $ Round to the nearest cent X