Dollar cost averaging is likely to work best with a mutual fund
A) whose NAV fluctuates widely, but trends upward.
B) whose NAV remains relatively constant, like a money market fund.
C) whose NAV fluctuates widely, but trends downward.
D) whose NAV fluctuates within a narrow range and is relatively trendless.
Answer: A
You might also like to view...
Compare and contrast the different types of leaders.
What will be an ideal response?
Jenna Fisk started her business by issuing $8,000 of common stock on January 1, Year 1. Jenna performed $18,500 of service on account during Year 1, and she collected $16,200 of this amount by the end of Year 1. She also paid operating expenses of $14,900 and paid a $600 dividend to the stockholders during Year 1.Required:a) Determine the amount of total assets at the end of Year 1. b) Determine the amount of cash on hand at the end of Year 1.c) Determine net income for Year 1.d) Prepare a balance sheet as of December 31, Year 1.
What will be an ideal response?
Whistleblowers who turn to external avenues for dealing with issues are unethical
Indicate whether the statement is true or false
Regression analysis was applied between sales (in $1000s) and advertising (in $100s), and the following regression function was obtained. y = 500 + 4x Based on the above estimated regression line, if advertising is $10,000, then the point estimate for sales (in dollars) is _____
a. $900 b. $900,000 c. $40,500 d. $505,000