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 ...
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