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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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Asked 6/19/2013 5:21:02 PM
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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 mirror the performance of the index. D. With an exchange-traded fund, there is more need for a portfolio manager to make decisions. E. Exchange-traded funds are increasing in popularity. Weegy: With an exchange-traded fund, an investor can purchase as little as one share. User: A trust providing a defined, continuous, flow of income back to the donor would be a: A. Living Trust B. Grantor Retained Annuity Trust C. Testamentary Trust D. Charitable Remainder Trust Weegy: C.A testamentary trust (sometimes referred to as a will trust) is a trust which arises upon the death of the testator, [ [ and which is specified in his or her will (testamentary trust literally means a trust in a will).[1] A will may contain more than one testamentary trust, and may address all or any portion of the estate.[2] Testamentary trusts are distinguished from inter vivos trusts, which are created during the settlor's lifetime. source: ] ] User: Twenty years ago, you began investing $2,000 a year. Because your investments earned an average of 8 percent a year, your investment portfolio has a current dollar value of $92,000. How much did you earn on your investments over the 20-year period of time? A. $2,000 B. $40,000 C. $52,000 D. $92,000 E. $132,000 Weegy: $92,000-40,000 = 52,000 You earned $52,000 over twenty years on your investment. User: Indiana Investment Watch is a webstite provided by the State Board of Accounts to educate Hoosiers about investment frauds. A. True B. False Weegy: False. User: A ... (More)
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Asked 6/19/2013 5:17:02 PM
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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 for $24 a share. She sold her stock for $30 a share. The commissions required to buy and sell her stock totaled $120. Assuming that she received no dividends during the time she owned the stock, what is her total return for this transaction? A. $600 B. $780 C. $900 D. $2,400 E. $3,000 (More)
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Asked 6/19/2013 5:30:17 PM
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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)
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Asked 6/19/2013 5:36:23 PM
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