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jok3333 [9.3K]
3 years ago
11

Which of the following is true about open-end mutual funds?

Business
1 answer:
strojnjashka [21]3 years ago
6 0
The truth about open-end mutual funds is that they <span>are bought or sold at their net asset value.

</span><span>Open-end mutual fund is a type of fund which shares are bought and sold on demand at their net asset value, or NAV, which is based on the value of the fund's underlying securities and is generally calculated at the close of every trading day.</span>
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Unsure with this question . Can someone please help and explain ? Thank you !
Archy [21]

Answer:

?

Explanation:

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3 years ago
Adam smith called the force that guided the competition from scarce resources in a free market the _____ a0 hand
musickatia [10]
Adam smith called the force that guided the competition from scarce resources in a free market the Invisible a0 hand. 
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3 years ago
Suppose the United States maintains a price floor for spinach. This policy might decrease revenues for spinach farmers if the: m
soldi70 [24.7K]

Answer:

Demand for spinach is elastic.

Explanation:

The price floor, which is maintained by the United States, is the minimum price for selling the goods. This price is set above the equilibrium price, which results in excess supply while demand for the same goods remains constant.

Since the prices for spinach cannot be set lower than the price floor and the policy is decreasing the revenue output for spinach farmers then this probably means that the prices are set too high which has decreased the demand for spinach. This means that the demand for spinach is elastic.

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timama [110]

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Read 2 more answers
How differently would you allocate assets between an elderly couple and a young entrepreneur?
vova2212 [387]

According to  conventional wisdom regarding asset allocation by age, you should hold a proportion of stocks equal to 100 minus your age. Therefore, if you are 40 years old, 60% of your portfolio should consist of equity. Criteria might be better changed to 110 minus your age or 120 minus your age because life expectancy increasing.

By deducting your present age from 100, you can utilize  rule of thumb to determine your asset allocation. It implies that as you get older, you should shift away from equity funds and toward debt funds and fixed income assets in your asset allocation.

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8 0
2 years ago
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