Calculations (Large Manual)

Question 1

Dividend Yield

Answer 1

Annual Dividend / Current Market Price

Question 2

Current Yield

Answer 2

Annual Interest / Current Market Price

Question 3

Number of Shares for Conversion

Answer 3

Bond or Pr Stock Par Value / Conversion Price

Question 4

Parity

Answer 4

Bond or Pr Stock Market Value / Number of Conversion Shares

Question 5

Tax-free Equivalent Yield

Answer 5

Corporate Rate × (100% - Tax Bracket)

Question 6

Tax-equivalent Yield

Answer 6

Municipal Rate / (100% - Tax Bracket)

Question 7

NAV of Mutual Fund Share

Answer 7

Fund NAV / Number of Shares Outstanding

Question 8

Sales Charge Percentage

Answer 8

POP - NAV / POP

Question 9

Public Offering Price

Answer 9

NAV per Share / (100% - Sales Charge Percentage)

Question 10

Dollar Cost Average

Answer 10

Total Dollars Invested / Number of Shares Purchased

Question 11

Average Market Price

Answer 11

Share Price Total / Number of Investments

Question 12

Number of Outstanding Shares

Answer 12

Issued Shares - Treasury Shares

Question 13

Shareholders’ Equity

Answer 13

Assets - Liabilities