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SCORPION-xisa [38]
1 year ago
15

All of the following are valid ways to purchase open-end mutual funds except: Multiple Choice A reinvestment plan. A regular acc

ount transaction. A voluntary savings plan. All of the ways listed are valid purchase options. A contractual savings plan.
Business
1 answer:
amid [387]1 year ago
7 0

An open-end mutual fund cannot be bought from the securities market via a contractual savings plan, as investment is made for a predetermined period during this.

<h3>What are open-end mutual funds?</h3>

Mutual funds, which are open-end, are easily available to be bought by any person who wishes to invest a part of his capital into such asset classes are called open-end mutual funds.

They can be bought voluntarily and have no lock-in periods, and thus are readily available to be bought and sold in the secondary market.

The reason a contractual savings plan cannot be used to buy open-end mutual funds is because such saving plans have lock-ins and are subject to be invested for a fixed period.

Hence, option D; a contractual savings plan cannot be utilized for the purpose of purchasing an open-end mutual fund.

Learn more about open-end mutual funds here:

brainly.com/question/6867027

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True or false: A management contract is an arrangement in which one firm contracts with another to produce products to its speci
Nina [5.8K]

The statement which states that a management contract is an arrangement in which one firm contracts with another to <em>produce products</em> to its specifications is false

According to the given question, we are asked to show whether a management contract is one where there is an arrangement between two firms to <em>produce its goods </em>to its specifications.

As a result of this, we can see that a management contract is one where one firm gives its management skills <em>in part or in full</em> to another firm.

With this in mind, we can see that contract manufacturing is one where there is an arrangement in which one firm contracts with another to <em>produce products</em> to its specifications but is in charge of the marketing.

Therefore, the correct answer is false.

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3 0
2 years ago
Joy has been saving her earnings to make a down payment on a new car. which loan terms will result in highest total cost for the
wariber [46]
5.5 percent loan for 60 months
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3 years ago
When changing from the average cost method to FIFO, the company:
Lesechka [4]

Answer: B. Revises comparative financial statements.

Explanation:

When switching from a median Cost method to FIFO method. this sort of switch can always yield a major impact on all financial statements. Any organization which wishes to change would settle on the requirement to scrutinize whether it has to restate its financial data for previous years to reflect the new method or only apply the new method to the present and future years.

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3 years ago
4. You purchased a stock at the end of the prior year at a price of $101. At the end of this year the stock pays a dividend of $
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Answer:

Pre-tax = 17.62%

After tax = 12.60%

Explanation:

The pre-tax return is determined by the difference from selling and purchase price, added to received dividends, and then divided by the purchase price:

R_{PT} = \frac{(117-101)+1.80}{101}\\R_{PT} =0.1762=17.62\%

For the after-tax return rate, correspondent dividend and long-term capital gains taxes should be considered:

R_{AT} = \frac{[(117-101)*(1-0.30)]+[1.80*(1-0.15)]}{101}\\R_{AT} =0.1260=12.60\%

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