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3 years ago

Mutual funds are no longer a very popular investment. True False

Business

2 answers:

Reptile [31]3 years ago

6 0

Answer:

Mutual funds are no longer a very popular investment is the False statement.

Explanation:

Nowadays Mutual funds are a more famous investment as before because of various advantages such as:

Diversification: One share can buy a slice of everything in the and risk is lowered.

Financial returns: Relatively attractive and charming returns over the long term.

Professional Management: Pay someone else to make an investing decision.

Convenience: Easy Out and In, help with record-keeping and small outlays.

Snezhnost [94]3 years ago

3 0

Answer:

False

Explanation:

In fact Mutual funds are more popular in this decade than it has been years passed.

This is due to the spread of risk over a lot of investments.

It reduces the risk of the investor since they can trade in different securities with their fund.

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Henri earned a salary of $50,000 in 2001 and $70,000 in 2006. The consumer price index was 177 in 2001 and 265.5 in 2006. Henri'

gladu [14]

Answer:

Henri's 2006 salary in 2001 dollars =$46,666.66

Explanation:

A rise in the price index implies inflation

Inflation is the increase in the general price level. Inflation erodes the value of money.

This price index is the weighted average price of a basket of goods and services consumed by a typical consumer. It is used to measure the rate of inflation.

So we can determine the salary in the base year value as follows:

2006 Salary in the base year terms=

CPI base year/CPI in the current year × salary in the current year

CPI base year- 177, CPI in the current yea- 256.5,

Salary in the current year - 70,000

Henri 2006 Salary in 2001 Dollar

=177/265.5 ×70,000/265.5 = 46,666.66

Henri's 2006 salary in 2001 dollars =$46,666.66

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3 years ago

E-Eyes has a new issue of preferred stock it calls 20/20 preferred. The stock will pay a $20 dividend per year, but the first di

Aloiza [94]

The value of current stock price is equal to $57.93

<u>Explanation:</u>

Given dividend = $20 per year

The calculation of current stock price is as follows:

The Stock price at the beginning of 20th year is equal to = $20 divided by 8 percent = 250

Current stock price ( present value ) = $\mathrm{FV} /(1+\mathrm{r})^{\wedge} \mathrm{n}$

$=\$ 250 /(1+0.08) \wedge 19$

After calculating, we get, 57.92801

Therefore, the value of current stock price is equal to $57.93 (rounded off to 2 decimal places).

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BaLLatris [955]

Answer:

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