Business, 23.11.2019 00:31 sheazy3709
Open-end mutual funds are the most common type of investment company. which of the following statements characterize these funds? check all that apply.
a. fairly liquid investments.
b. issue new shares in response to increased demand.
c. increase diversification but do not reduce nonsystematic risk.
d. require minimum purchases of $3,000.
e. charge high fees in exchange for professional management.
Answers: 2
Business, 22.06.2019 21:00
After hearing a knock at your front door, you are surprised to see the prize patrol from a large, well-known magazine subscription company. it has arrived with the good news that you are the big winner, having won $21 million. you have three options.(a) receive $1.05 million per year for the next 20 years.(b) have $8.25 million today.(c) have $2.25 million today and receive $750,000 for each of the next 20 years.your financial adviser tells you that it is reasonable to expect to earn 13 percent on investments.
Answers: 3
Business, 22.06.2019 21:10
Which of the following statements is (are) true? i. free entry to a perfectly competitive industry results in the industry's firms earning zero economic profit in the long run, except for the most efficient producers, who may earn economic rent. ii. in a perfectly competitive market, long-run equilibrium is characterized by lmc < p < latc. iii. if a competitive industry is in long-run equilibrium, a decrease in demand causes firms to earn negative profit because the market price will fall below average total cost.
Answers: 3
Open-end mutual funds are the most common type of investment company. which of the following stateme...
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