Answer:
a. 7.48%
Explanation:
Number of shares = $ 6,000 / $ 38.10
Number of shares = 157.48
Rate of return = [Number of shares * (Short term gans + Long term gains + ((1 - Front end load) * (Current offering price)) - Purchase price] / Purchase price
Rate of return = [157.48 * ($0.20 + $1.04 + ((1 - 0.05 ) * $41.80)) - $6,000] / $6,000
Rate of return = [157.48 * ($0.20 + $1.04 + (0.95 * $41.80)) - $6,000] / $6,000
Rate of return = [157.48 * ($1.24 + $39.71) - $6,000] / $6,000
Rate of return = $448.806 / $6,000
Rate of return = 0.074801
Rate of return = 7.48%
Answer:
Spread the risk of individual bonds by collectively owning more and less-risky bonds, with higher and lower rates of return
Explanation:
A bond fund is a pooled investment vehicle that invests in various types of bonds. the types of bonds invested in includes cooperate bonds, government bonds and municipal bonds.
The primary objective of bond funds is to generate revenue for investors
Because bond fund is an aggregation of various types of bonds, the risk of the bond fund is lower than the risk of holding any corporate bonds. This is because risks are spread.
The answer is the product’s quality. It is because the overall
quality of the product is the main reason why consumers want to buy the product
because the quality is the characteristic of the product possess and this will
greatly affect the consumers, especially if they like the product’s quality.
Answer: Personal comparison
Explanation:
When it comes to the Control Process, entities are allowed to use several comparison methods when comparing task results with objectives.
These include:
- the Historical method where current performance is compared to past performance
- the Relative comparison method where the organization's performance is compared against a benchmark of other organizations in the industry.
- Engineering comparison where schedules are used to ensure that activities finish on time.
Personal comparison is not an acceptable method.
The answer to this question is letter B. expense ratio.
All the different management fees and fund's operating costs are often referred to as <span>expense ratio.</span>
>The expense ratio is the annual fee that all funds charge their shareholders. It expresses the percentage of assets deduced each fiscal year for fund expenses, including 12b-1 fees, management fees, administrative fees, operating costs, and all other asset-based costs incurred by the fund.