An open-end investment company

A) is involved in all trades of its shares.
B) sells shares at a discounted NAV price.
C) trades like a stock on the exchanges.
D) has a set number of shares.


Answer: A

Business

You might also like to view...

A distribution of service times at a waiting line indicates that service takes 12 minutes 30 percent of the time and 14 minutes 70 percent of the time. This distribution has been prepared for Monte Carlo analysis

The first four random numbers drawn are 07, 60, 77, and 49. What is the average service time of this simulation? A) 12 minutes B) 13 minutes C) 13.5 minutes D) 14 minutes E) 54 minutes

Business

The long-run overall outlook for growth in the retail segment of the economy is ________ the economy as a whole

A) equal to B) less than C) greater than D) this question was not addressed by the author.

Business

The Oracle Database PL/SQL statement used to repeat a set of PL/SQL statements as long as some condition is true is ________

A) DECLARE B) BEGIN C) IF...ELSE...END IF D) LOOP

Business

Haru, a new manager at an electronics company, has been asked to focus on the competitive environment of the organization. Which of the following is a factor Haru should focus on?

A) government regulation B) economic performance C) demographics D) rivals E) technology

Business