The Druid Fund has a NAV of $9.00 and an offer price of $9.45. We know, then, that
A)
Druid is a load fund.
B)
Druid is about to be issued to the public as a no-load fund with a $0.45 offer cost.
C)
shares can be purchased only through a stockbroker.
D)
there is a $0.45 premium paid to investors to buy the shares.
A
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Possessory liens give the lienholder the right to keep possession of the debtor's property:
A. until the reasonable charges for the service have been paid. B. for a reasonable period of time after the debt has been paid. C. until the debtor regains possession by fraud or other illegal act. D. even if possession of the goods has not been entrusted to the lienholder.
What is the primary reason for a stock split?
A) To distribute cash to the investor. B) To decrease the market value of the stock. C) To decrease the number of shares outstanding. D) To increase the capital stock of the corporation.
What generic strategies does Porter recommend? Discuss
What will be an ideal response?
At the economic order quantity, holding costs are equal to product costs
Indicate whether the statement is true or false