Open-end Fund A has 191 shares of ATT valued at $48 each and 43 shares of Toro valued at $88 each. Closed-end Fund B has 88 shares of ATT and 85 shares of Toro. Both funds have 1,000 shares outstanding. a. What is the NAV of each fund using these prices? (Round your answers to 3 decimal places. (e. g., 32.161)) b. If the price of ATT stock increases to $49.25 and the price of Toro stock declines to $85.292, how does that impact the NAV of both funds? (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places. (e. g., 32.16)) c. Assume that another 168 shares of ATT valued at $48 are added to Fund A. The funds needed to buy the new shares are obtained by selling 623 more shares in Fund A. What is the effect on Fund A’s NAV if the prices remain unchanged from the original prices?

Which stroke of the four-stroke cycle is shown in the above figure? a. power b. compression c. exhaust d. intake

Which of the following statements is correct? a. two firms with identical sales and operating costs but with different amounts of debt and tax rates will have different operating incomes by definition. b. free cash flow (fcf) is, essentially, the cash flow that is available for interest and dividends after the company has made the investments in current and fixed assets that are necessary to sustain ongoing operations. c. retained earnings as reported on the balance sheet represent cash and, therefore, are available to distribute to stockholders as dividends or any other required cash payments to creditors and suppliers. d. if a firm is reporting its income in accordance with generally accepted accounting principles, then its net income as reported on the income statement should be equal to its free cash flow. e. after-tax operating income is calculated as ebit(1 - t) + depreciation.

Leticia has worked for 20 years in the public relations department of a large firm and has been the vice-president for the past ten years. it is unlikely she will ever be promoted to the top executive position in her firm even though she has directed several successful projects and is quite capable. her lack of promotion is an illustration of (a) the "glass ceiling" (b) the "glass elevator" (c) the "mommy track" (d) sexual harassment