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The management fee for most mutual funds ranges between ____________ percent. A. 0.25 to 2 B. 2 to 3 C. 3 to 4 D. 5 to 6 1/2 E. 7 to 8 1/2
Weegy: The average management fee for all mutual funds is: 0.50 to [ 1.25%. [ ] User: When an investor purchases shares in a load fund, the average sales charge is usually ____________ percent. A. between 0.5 to 2 B. between 1 and 3 C. between 3 and 5 D. between 5 and 7 E. in excess of 8 1/2 (More)
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Business and Money|No Subcategories|Expert Answered
Asked 307 days ago|6/19/2013 5:21:02 PM
0 Answers/Comments
Mary Cooper just purchased 100 shares in the All-American Fidelity Fund. The purchase cost for each share was $20. If this fund charges a 5 percent load, what is the total amount of commission she will pay the investment company?
Weegy: The total amount of commission she will pay the investment company is $1,000.00. User: Approximately ____________ percent of all mutual funds are closed-end funds. User: Which of the following statements is FALSE? A. An exchange-traded fund invests in the stocks contained in a stock index. B. With an exchange-traded fund, an investor can purchase as little as one share. C. The values of shares in an exchange-traded fund tend to ... (More)
Question
Business and Money|No Subcategories|Expert Answered
Asked 307 days ago|6/19/2013 5:17:02 PM
0 Answers/Comments
When an investor purchases shares in a load fund, the average sales charge is usually ____________ percent. A. between 0.5 to 2 B. between 1 and 3 C. between 3 and 5 D. between 5 and 7 E. in excess of 8 1/2
Weegy: The answer is: C. between 3 and 5. User: A Trustee, in a legal trust arrangement, A. Distributes assets to your heirs according to the trustee's instructions B. Takes custody of your property C. Both A and B D. Neither A or B E. Answer A: but not B: Weegy: The answer is: A. Distributes assets to your heirs according to the trustee's instructions. User: Jo Bower owns 150 shares of Data General stock. She purchased the stock ... (More)
Question
Business and Money|No Subcategories|Expert Answered
Asked 307 days ago|6/19/2013 5:30:17 PM
0 Answers/Comments
The decision to convert preferred stock to common stock is made by A. the board of directors. B. top management. C. the Federal Reserve System. D. the SEC. E. the stockholder.
Weegy: The decision to convert preferred stock is mde by: E. the stockholder. [ ] (More)
Question
Business and Money|No Subcategories|Expert Answered
Asked 307 days ago|6/19/2013 5:36:23 PM
0 Answers/Comments
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