Questions from Personal Finance

Q: 1. You can’t predict exactly how much money you’ll need when

1. You can’t predict exactly how much money you’ll need when you retire 2. Social Security is an important source of retirement income for most Americans. 3. A defined-contribution plan does not guara...

Q: 1. Corporations sell common stock to finance their business start-

1. Corporations sell common stock to finance their business start-up costs and help pay for expansion and their ongoing business activities. 2. A corporation must pay dividends to stockholders. 3. Th...

Q: Explain the relationship between earnings per share, projected earnings, and

Explain the relationship between earnings per share, projected earnings, and the market price for a share of stock.

Q: What is the difference between the dividend yield and total return calculations

What is the difference between the dividend yield and total return calculations that were described in this chapter?

Q: Choose either the Invesco Charter (symbol CHTRX) mutual fund or

Choose either the Invesco Charter (symbol CHTRX) mutual fund or the Fidelity Fifty (symbol FFTYX) mutual fund. Then describe how each of the following sources of information could help you evaluate o...

Q: Prepare a chart that describes the similarities among the long-term

Prepare a chart that describes the similarities among the long-term and short-term investment strategies described in this chapter.

Q: Assume that one year ago, you bought 120 shares of a

Assume that one year ago, you bought 120 shares of a mutual fund for $33 a share, you received a $0.60 per-share capital gain distribution during the past 12 months, and the market value of the fund i...

Q: Over a four-year period, LaKeisha Thompson purchased shares in

Over a four-year period, LaKeisha Thompson purchased shares in the Oakmark I Fund. Using the following information, answer the questions that follow. You may want to review the concept of dollar cos...

Q: The Western Capital Growth mutual fund has Total assets: $

The Western Capital Growth mutual fund has Total assets: $750,000,000 Total liabilities: $7,200,000 Total number of shares: 24,000,000 What is the fund’s net asset value (NAV)?

Q: Sarah and James Hernandez purchased 140 shares of Macy's stock at $

Sarah and James Hernandez purchased 140 shares of Macy's stock at $57 a share. One year later, they sold the stock for $61 a share. They paid a broker $8 commission when they purchased the stock and...