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Devry busn380/ busn380 week 7 quiz latest 2015
Category : Business
Posted on 12/23/2015 at 8:20:23 PM
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Devry busn380/ busn380 week 7 quiz latest 2015
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Posted on 12/23/2015 at 8:20:25 PM
Posted By : Bestmind
Question 1. Question : (TCOs 6 and 7) The Capitalist Mutual Fund's portfolio is valued at $48 million. The fund has liabilities of $4 million, and the investment company sponsoring the fund has issued 1,600,000 shares. What is the fund's net asset value? $48.00 $30.00 $36.66 $27.50 $1 Question 2. Question : (TCOs 6 and 7) A(n) _____ mutual fund is one in which investors pay a commission every time they purchase shares. closed-end open-end no-load load convertible Question 3. Question : (TCOs 6 and 7) Mary Cooper just purchased 200 shares in the All-American Fidelity Fund. The purchase cost for each share was $40. If this fund charges a 5% load, what is the total amount of commission she will pay the investment company? $10 $200 $40 $400 It is impossible to calculate Ms. Cooper's total investment with this information. Question 4. Question : (TCOs 6 and 7) A(n) _____ fund is a mutual fund that invests in stocks issued by companies with a long history of paying dividends. balanced equity income industry sector money market Question 5. Question : (TCOs 6 and 7) A mutual fund that invests in the common stocks of companies in the s

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