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Softa [21]
3 years ago
9

An investor interested in obtaining the benefit of professional portfolio management has been tracking a particular investment c

ompany for the past several months. In so doing, it becomes obvious that the market price of the shares moves in direct relation to the computed NAV. This investor must be following?
A) a balanced fund
B) a money market fund
C) an open-end fund
D) a closed-end fund
Business
1 answer:
Evgen [1.6K]3 years ago
7 0

Answer:

C. an open-end fund

Explanation:

An open end fund also known as mutual fund is a diversified investment portfolio that does not have a limit in terms of shares that can be issued. In an open end fund, when shares are purchased by investors, more shares are created likewise shares are taken out of circulation when they are sold.

Majority of open end funds - mutual funds can issue new shares at all times as per response to the demand by investors. Shares bought and sold in open end fund are priced daily based on their current net asset value (NAV) . Example of open end funds are hedge funds, mutual funds, exchange traded funds (ETFs)/etc.

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In a team, if someone gets stuck with the selected tasks for the iteration, what is the immediate next step?
Serggg [28]

Answer:

a. Without wasting time, the team member has to inform the Lead/Onsite coordinator and take up another task.

Explanation:

Iteration is a repetative process, where process is repeated until it get closer to the desired result. It is important to inform the team member without wasting much of time, so that they can coordinate or team member can take up another task from the queue. Iteration planning is the collabrative exercise, team work is important as goal and task are set in a team meeting. This is considered as slower process than new algorithm process.

5 0
3 years ago
An investment will pay you $95,000 in 10 years. If the appropriate discount rate is 9 percent compounded daily, what is the pres
olga2289 [7]

The present value of the investment future value is $38,628.40

What is present value?

Present value is the today's worth of a future amount when discounted or expressed in today's dollar equivalence.

The present value of a single future cash flow can be determined using the present value formula below:

PV=FV/(1+r/365)^(N*365)

PV=present value=unknown

FV=future value=$95,000

r=discount rate=9%

N=number of years before the future amount is received=10

365 is an indication of number of years in a year since discounted is compounded daily.

PV=$95,000/(1+9%/365)^(10*365)

PV=$38,628.40

The present value can be further understood using the link below:

brainly.com/question/18490474

#SPJ1

5 0
2 years ago
Potash Corporation acquired the voting stock of Safestyle Company on January 1, 2019 for $50 million. Safestyle's book value at
Vika [28.1K]

Answer: A. $53,300,000

Explanation:

Year 2019 balance for Investment

= Cash + Net income - amortization

Net income = Beginning retained earnings 2020 - Beginning retained earnings 2019

= 11 - 8

= 3 million

Balance 2019 = 50 + 3 - 1

= $52 million

Year 2020 balance

= Opening balance + Net income - amortization

= 52 + 1.8 - 0.5

= $53.3 million

= $53,300,000

4 0
3 years ago
What is the proper adjusting entry at December 31, the end of the accounting period, if the balance in the prepaid insurance acc
inessss [21]

Explanation:

The adjusting entry is as follows

On December 31

Insurance expense A/c Dr $5,150

               To Prepaid insurance A/c $5,150

(Being the insurance expense is recorded)

It is computed below:

= Balance in prepaid insurance account - unexpired amount

= $9,050 - $3,900

= $5,150

While passing the adjusting entry we debited the insurance expense account and credited the prepaid insurance account

7 0
3 years ago
What is the name of the food production strategy, which is characterized by "slash and burn, swidden agricultural techniques use
tigry1 [53]
This food production strategy is what is commonly referred to as unsustainable agriculture. The agriculture process removes the delicate balance of flora and fauna in jungle or forested areas and quickly depletes the land of any remaining nutrients and is therefore unsustainable. The lack of concern or care for the natural environment can lead to larger catastrophes like the creation of scorched earth or desert-like environments where plant and animal life cannot return for decades, if ever.
8 0
3 years ago
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