Business
Business, 17.09.2019 19:00, rostecorralmart

Portfolio managers are frequently paid a proportion of the funds under management. suppose you manage a $119 million equity portfolio offering a dividend yield (div1/ p0) of 6.9%. dividends and portfolio value are expected to grow at a constant rate. your annual fee for managing this portfolio is 0.69% of portfolio value and is calculated at the end of each year.
(a) assuming that you will continue to manage the portfolio from now to eternity, what is the present value of the management contract?
(b) what would the contract value be, if you invested in stocks with a 5.1% yield?

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 18:00, mcckenziee
When peter metcalf describes black diamond’s manufacturing facility in china as a “greenfield project,” he means that partnered with a chinese company to buy the plant . of all market entry strategies, this one carries the lowest risk. because black diamond manufactures its outdoor sports products outside the united states, what risks must its managers be aware of?
Answers: 1
image
Business, 22.06.2019 20:20, caleelwittmann31
This activity is important because as a marketing manager, you must allocate resources to reach your target market. during the strategic marketing process, managers move through three important phases to determine how to optimally allocate resources: a planning phase, an implementation phase, and an evaluation phase. in this interactive exercise, you are asked to review various strategic marketing actions and determine where in the strategic marketing process the action would occur. the goal of this exercise is to demonstrate your understanding of the strategic marketing process and related marketing actions.
Answers: 2
image
Business, 23.06.2019 01:00, gabbytumey
As more people migrated west during the gold rush, what do you think happened to the demand curve in most western markets, holding all else constant? a. there was no shift, nor any increase or decrease in quantity demanded. b. there was no shift, but there was a decrease in quantity demanded. c. the demand curve shifted to the left. d. the demand curve shifted to the right. e. there was no shift, but there was an increase in quantity demanded.
Answers: 2
image
Business, 23.06.2019 02:00, mayaduke9482
When making a major purchase, i often spend months to learn all the issues?
Answers: 3
Do you know the correct answer?
Portfolio managers are frequently paid a proportion of the funds under management. suppose you manag...

Questions in other subjects:

Konu
Mathematics, 13.01.2021 19:40
Konu
Mathematics, 13.01.2021 19:40
Konu
Mathematics, 13.01.2021 19:40