Questions from Business Mathematics

Q: The following table shows the rates of total return in successive years

The following table shows the rates of total return in successive years from 2013 to 2017 for the BMO Dividend Fund and for the benchmark Toronto Stock Exchange S&P/TSX Composite Index. By how muc...

Q: The following table shows the rates of total return in successive years

The following table shows the rates of total return in successive years from 2013 to 2017 for the Fidelity Canadian Asset Allocation Fund and for the benchmark Toronto Stock Exchange S&P/TSX Compo...

Q: The following table shows the rates of total return in successive years

The following table shows the rates of total return in successive years from 2010 to 2014 for the PH&N Bond Fund and for the benchmark Toronto Stock Exchange S&P/TSX Composite Index. By how mu...

Q: Assume that the Suncor Energy shares will pay a $0.

Assume that the Suncor Energy shares will pay a $0.40 per share dividend in 2019. What must the share price be at the end of 2019 for a total rate of return in 2019 of 10%?

Q: Answering this question occupies dozens of financial commentaries as the March 1

Answering this question occupies dozens of financial commentaries as the March 1 RRSP contribution deadline approaches each year. Many financial institutions and mutual fund companies promote the idea...

Q: The investment committee of a company has identified the following seven projects

The investment committee of a company has identified the following seven projects with positive NPVs. If the board of directors has approved a $3 million capital budget for the current period, which p...

Q: Assume that the TD Bank shares will pay a $1.

Assume that the TD Bank shares will pay a $1.48 per share dividend in 2019. What must the share price be at the end of 2019 for a total rate of return in 2019 of 7%?

Q: One year ago, Morgan invested $5000 to purchase 400 units

One year ago, Morgan invested $5000 to purchase 400 units of a mutual fund. He has just noted in the Financial Post that the fund’s rate of return on investment for the year was 22% and that the curre...

Q: Shares purchased one year ago for $8790 are now worth $

Shares purchased one year ago for $8790 are now worth $15,390. During the year, the shares paid dividends totalling $280. Calculate the shares’: 1. Income yield. 2. Capital gain yield. 3. Rate of tota...

Q: The S&P/TSX Composite Index rose 3.4

The S&P/TSX Composite Index rose 3.4%, dropped 1.4%, and then rose 2.1% in three successive months. The index ended the three-month period at 9539. 1. What was the index at the beginning of the three-...