The Jerry Fund, which trades on the New York Stock Exchange, has a NAV of $20 and a market price of $22. We know, then, the fund is
A)
open end with a front-end load.
B)
open end with a rear-end load.
C)
closed end, selling at a discount.
D)
closed end, selling at a premium.
D
You might also like to view...
Suppose, the U.S. has domestic savings of $10 billion, domestic investment of $160 billion, and a government budget deficit of $250 billion. Based on these figures, the amount of net foreign investment is $____ billion.
A. 400 B. 80 C. ?80 D. ?400
An organization that identifies intern candidates by conducting career fairs on college campuses is using internal recruitment.
Answer the following statement true (T) or false (F)
Because of the significant investment many companies have in the products they sell to customers, they must develop and maintain adequate varieties of products to meet their customers' needs. This is called
A. just-in-time. B. order processing. C. inventory management. D. merchandise stocking. E. logistical management.
Which of the following is NOT considered one of the five basic modes of transportation?
a. Air b. Telecommunications c. Rail d. Truck