PFIN (with PFIN Online, 1 term (6 months) Printed Access Card) (New, Engaging Titles from 4LTR Press)
6th Edition
ISBN: 9781337117005
Author: Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher: Cengage Learning
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Which one of the following should you most likely recommend for a prospective investor who has an aggressive appetite?
a. Actively managed funds
b. Index Funds
c. Any type of Mutual funds
d. Pension Fund
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?
What is the difference between a mutual fund and a mutual fund family?
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- Which statement best defines a mutual fund? a. It is a fund set aside by a local government to lend to small firms who want to invest in projects that are beneficial to the firm and community. b. It is an institution that sells stocks and bonds on behalf of small and less known firms who would otherwise have to pay high interest to obtain credit. c. It is an institution that sells shares to the public and uses the proceeds to buy a selection of various types of stocks and bonds. d. It is a financial market where small firms agree to sell and bonds to raise funds.arrow_forwardHow does an investor who owns a mutual fund cash out of the fund when he wants his Money? He can sell it throughout the day on the open market. He can redeem it the end of the day with the mutual fund company. He can redeem it throughout the day on the open market He can redeem it with a limit order and sell it anytime.arrow_forwardCan you lose money in a mutual fund?arrow_forward
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