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vovikov84 [41]
2 years ago
14

A customer buys $10,000 of Government Bond Fund shares from Acme Investors, a fund sponsor and broker-dealer. Acme is the sponso

r for a variety of funds within the Acme "family." The ACME family has an "exchange feature" at NAV. The customer decides to exchange his Government Bond Fund shares for Growth Fund shares within the same family. All of the following statements are true EXCEPT the:_________
A. customer's yield will decrease
B. customer will have greater capital appreciation potential
C. customer will have a tax event
D. customer will pay a sales charge
Business
1 answer:
timofeeve [1]2 years ago
3 0

Answer: customer will pay a sales charge

Explanation:

The statement which states that customer will have to pay sales charge in order to exchange shares within the family is not true. The fund family possesses an "exchange feature" at NAV. This means that the shares of one fund has the right to be redeemed and then reinvested in shares of another fund that is within the family without no sales charge.

For the customer that is exchanging Government bond Fund shares for the Growth Fund shares, tax event has occurred. Therefore, it will be expected that the customer's yield will reduce but that the capital gains will increase, because the person is moving from an "income" fund into a "growth" fund.

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Which of the following is most likely missing from your financial plan if you are not prepared for an emergency? a. financing b.
suter [353]
I believe the answer is: Savings

When you experience a sudden emergency without preparation, you would most likely take out some percentage of money from your life savings to survive the crisis.To prevent this, most people decided to set aside an emergency fund at their banks or covered their risk by buying insurances.
6 0
3 years ago
Read 2 more answers
a bookstore sells 617 books on monday, 498 books on tuesday, and 563 books on wednesday. on which two days did the bookstore sel
OLga [1]

The two days on which the bookstore sells about 600 books are Monday(617) and Wednesday(563).

As of Monday, the sales of the bookstore were only 617, on Tuesday it was 498 and on Wednesday it was 563. As we arrange the data in ascending order as 498<563<617. We come to the conclusion that around 600 there are only two data which are 563 and 617. So, on Monday and Wednesday, the bookstore sells about 600 books.

Learn more:

<u><em>brainly.com/question/13444388</em></u>

6 0
1 year ago
....................
Mariana [72]

Answer:

The answer to question 12 is C

Explanation:

The reason it is C is because in a report they do not want to hear the sad stories. They would just think that you are just going to try and get in and they would feel sorry for you, but no that will never work they would just decline you. This might have been the standard in the past, but all of this information is now illegal for your employer to ask from you, so there's no need to include it.

3 0
3 years ago
HOW MUCH IS THE PESO MARK-UP IF THE SELLING PRICE IS 15 PESOS AND THA PURCHASE COST IS 10 PESOS
sergiy2304 [10]

Answer:

Mark-up = 50%

Explanation:

Given the following data;

Selling price = 15 Pesos

Purchasing cost = 10 Pesos

To find the mark-up;

First of all, we would determine the profit;

Profit = Selling \; price - Purchasing \; cost

Profit = 15 - 10

Profit = 5 Pesos

Now, we can solve for the mark-up using the formula below;

Mark \; up = \frac {Profit}{Purchasing \; cost} * 100

Mark \; up = \frac {5}{10} * 100

Mark \; up = \frac {500}{10}

Mark-up = 50%

7 0
2 years ago
Alphabet Company, which uses the periodic inventory method, purchases different letters for resale. Alphabet had no beginning in
Mekhanik [1.2K]

Answer:

$94

Explanation:

The computation of the cost of the ending inventory using the FIFO method is shown below:

But before that first we have to determine the ending inventory units which is

= 7 units from A to G + 5 units from H to L + 6 units from M to R

= 18 units

And, 6 units are sold

So, the ending inventory units is 12 units

Now the ending inventory is

From last to beginning

= 6 units × $8.50 + 5 units × $7.50 + 1 units × $5.50

= $51 + $37.5 + 5.50

= $94

This is the answer but the same is not provided in the given options

4 0
2 years ago
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