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- If an investor had enough money to diversify adequatelythrough buying individual securities, why might he orshe still consider buying mutual funds instead?According to current projections, social security and other entitlement programs will soon be severely underfunded. If the government decides to cut social security benefits to future retirees and raise social security taxes on all workers, what will probably happen to the supply of funds available to the capital markets? What will be the effect on interest rates ?If reserve requirements were eliminated in the future, as some economists advocate, what effects would this have on the size of money market mutual funds?
- Investing is a risky business, so investors must be ready to accept that future investment cash flows may be uncertain and unpredictable. This being case, what is the best way to evaluate the value of such an investment? A. Determine the future value of the individual anticipated cash flows at a minimum acceptable rate of return B. Convert the individual future cash flows in a perpetuity and determine the present value of the perpetuity C. Convert the individual future cash flows into an annuity and determine the present value of the annuity D. Determine the present value of the individual anticipated cash flows at a minimum acceptable rate of returnUse the following to answer questions a. – f. a. What is the alpha for Fund B? b. Based on alpha, which fund displays superior performance? c. What is the Sharpe ratio for Fund B? d. Based on the Sharpe ratio, which fund displays superior performance? e. Suppose you are an investment counselor with a new client, Jonsey, and that Funds A and B are the only options available in Jonsey's company sponsored retirement account. Jonsey has no other investments. Which fund would you recommend, and why? f. What additional evidence would make you more confident in your recommendation, that is, more confident that the fund you recommend has the ability to perform in the future? (Hint: The answer has nothing to do with the Treynor Index.)An investor seeking to invest in one of these three alternatives: Islamic mutual funds, ETFs or REITS. (a) if he wants stable returns and needs annual income, what would you recommend to the investor? Justify (b) If the investor interested. capital gains, what would you recommend?
- Jennifer Jones wants to accumulate wealth, but she has told you, her new financial planner, that she is risk averse. What should you do with her money?a. Invest in products that bring the highest return regardless of risk.b. Invest in products that produce high income because fixed income products are generally low risk.c. Put Jennifer’s assets in 100% cash equivalents because she is risk averse.d. Determine Jennifer's true risk tolerancethe federal fund is more effective than The banker’s acceptance in improving the economic growth. Assess the extent to which you agree with the statement with clarifying which one of these financial instruments you prefer to invest and why.What are the advantages of evaluating fund performance based on Internal Rate of Return (IRR)? Why would an investor prefer to evaluate a fund based on a cash-on-cash return?
- Decide whether the following statement makes sense (or is clearly true) or does not make sense (or is clearly false). Explain. I'm already retired, so I need low-risk investments. That's why I put most of my money in U.S. Treasury bills, notes, and bonds.Choose the correct answer below. A.This makes sense because the safest investments are federally insured bank accounts and U.S. Treasury bills; there's virtually no risk of losing the principal invested. B.This does not make sense because U.S. Treasury bills, notes, and bonds are high-risk investments that offer prospects of higher returns, along with the possibility of losing the principal. C.This does not make sense because U.S Treasury bills are different than notes and bonds. The U.S Treasury bills are low-risk while the notes and bonds are high-risk. D.This makes sense because low-risk is a smart choice for a retired person with limited monthly income.In the federal funds markets, financial institutions can borrow money from the Federal Reserve. True False Assuming the STRIPS are held to maturity, their investors know the precise payouts they'll receive. True FalseWhat are the two ways a sinking fund can be handled? Whichmethod will be chosen by the firm if interest rates have risen? Ifinterest rates have fallen?
