Questions from Personal Finance

Q: As part of his 401(k) retirement plan at work

As part of his 401(k) retirement plan at work, Ken Lowery invests 5 percent of his salary each month in the Capital Investments Lifecycle fund. At the end of this year, Ken’s 401(k) account has a dol...

Q: When Jill Thompson received a large settlement from an automobile accident,

When Jill Thompson received a large settlement from an automobile accident, she chose to invest $146,000 in the Vanguard 500 Index fund. This fund has an expense ratio of 0.17 percent. What is the a...

Q: Currently, Boeing pays an annual dividend of $2.92

Currently, Boeing pays an annual dividend of $2.92. If the stock is selling for $128, what is the dividend yield?

Q: Ford Motor Company has a 1.35 beta. If the

Ford Motor Company has a 1.35 beta. If the overall stock market increases by 6 percent, how much will Ford Motor Company change?

Q: Casper Energy Exploration reports that the corporation’s assets are valued at $

Casper Energy Exploration reports that the corporation’s assets are valued at $185,000,000, its liabilities are $80,000,000, and it has issued 6,000,000 shares of stock. What is the book value for a...

Q: Jan Throng invested $31,000 in the Invesco Charter Mutual

Jan Throng invested $31,000 in the Invesco Charter Mutual Fund. The fund charges a 5.50 percent commission when shares are purchased. Calculate the amount of commission Jan must pay.

Q: Obtain a mutual fund prospectus to determine the options you can use

Obtain a mutual fund prospectus to determine the options you can use to purchase and redeem shares. a. Which of the purchase options would appeal to you? Why? b. Assuming that you are now retireme...

Q: As Bart Brownlee approached retirement, he decided the time had come

As Bart Brownlee approached retirement, he decided the time had come to invest some of his nest egg in a conservative fund. He chose the Franklin Utilities fund. If he invests $46,000 and the fund c...

Q: During one three-month period, Matt Roundtop’s mutual fund grew

During one three-month period, Matt Roundtop’s mutual fund grew by $6,000. If he withdraws 35 percent of the growth, how much will he receive?

Q: Betty and James Holloway invested $71,000 in the Financial

Betty and James Holloway invested $71,000 in the Financial Vision Social Responsibility fund. The management fee for this fund is 0.60 percent of the total asset value. Calculate the management fee...