Flammox Growth Fund, a mutual fund, issues 200 shares in the market. However, because of a sharp demand from the investors, the fund issues 350 additional shares. In this scenario, the Flammox Growth Fund is structured as a(n) _____:
A. offshore fund.
B. open-end fund.
C. hedge fund.
D. umbrella fund.
Answer: B
Business
You might also like to view...
The top rung of the loyalty ladder is the ________ rung
A) word of mouth/buzz B) repeat purchase C) satisfaction D) evangelism E) ownership
Business
The horizontal analysis shows that cost of goods sold has ________. (Round your answer to two decimal places.)
MacMan, Inc. reported the following data:
A) increased by 27.91%
B) decreased by 27.91%
C) increased by 34.80%
D) decreased by 34.80%
Business
It has become common to post your résumé online at various job sites such as Monster, CareerBuilder, Yahoo, and others
Indicate whether the statement is true or false
Business
The Sports Broadcasting Act was enacted in
A. 1933 B. 1934 C. 1961 D. 1976
Business