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Fund devoted to retirement investing
Write a 350- to 700-word mutual fund evaluation for each mutual
fund using the worksheet of your financial plan as a template. Include
the following in your evaluation:
Analysis of the characteristics of each fund
Recommendation of the type of investor to which each fund is suited
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FIN 420 Week 4 Personal Finance Quiz
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1 As a stockholder of Kentucky Gas and Oil, you receive its annual
report. In the financial statements, the firm reported after-tax earnings
of $1,200,000 and has issued 1,500,000 shares of common stock. The
stock is currently selling for $24 a share. What is the per earnings
share for Kentucky Gas and Oil?
2 Sarah and James Hernandez purchased 150 shares of Cisco Systems
stock at $18 a share. One year later, they sold the stock for $25.40 a
share. They paid a broker a $32 commission when they purchased the
stock and a $40 commission when they sold the stock. During the 12month period the couple owned the stock, Cisco Systems paid
dividends that totaled $0.24. Calculate the Hernandezes’ total return
for this investment.
3 As a stockholder of Kentucky Gas and Oil, you receive its annual
report. In the financial statements, the firm reported after-tax earnings
of $1,200,000 and has issued 1,500,000 shares of common stock. The
stock is currently selling for $24 a share. What is the price-earnings
(PE) ratio for Kentucky Gas and Oil?
4 For four years, Marty Campbell invested $4,000 each year in
Newsome Golf Apparel. The stock was selling for $32 in 2008, $45 in
2009, $35 in 2010, and $50 in 2011. After four years, how many shares
does Marty own?