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A prime reason for buying an annuity is to A. save money for college education. B. start a new business. C. accumulate funds to invest in stocks. D. give you retirement income for the rest of
your life. E. get rich quick.
A prime reason for buying an annuity is to (D.) give you retirement income for the rest of your life.
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User: A prime reason for buying an annuity is to A. save money for college education. B. start a new business. C. accumulate funds to invest in stocks. D. give you retirement income for the rest of your life. E. get rich quick.

Weegy: A prime reason for buying an annuity is to (D.) give you retirement income for the rest of your life.
Expert answered|matahari|Points 1337|

User: The Capitalist Mutual Fund's portfolio is valued at $45 million. The fund has liabilities of $3 million, and the investment company sponsoring the fund has issued 1,600,000 shares. What is the fund's net asset value? A. $100 B. $26.25 C. $52.50 D. $3.75 E. $1

Weegy: The Capitalist Mutual Fund's portfolio is valued at $45 million. The fund has liabilities of $3 million, and the investment company sponsoring the fund has issued 1,600,000 shares. [ The fund's net asset value is (B.) $26.25 ]
Expert answered|matahari|Points 1337|

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Asked 6/19/2013 5:51:47 PM
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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 5:17:02 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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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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