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svetlana [45]
4 years ago
5

Evidence by Blake, Elton, and Gruber indicates that, on average, actively managed bond funds ______. outperform passive fixed-in

come indexes underperform passive fixed-income indexes by an amount equal to fund expenses underperform passive fixed-income indexes by a wide margin perform as well as passive fixed-income indexes
Business
1 answer:
Andrei [34K]4 years ago
7 0

Answer:

The answer is: underperform passive fixed-income indexes by an amount equal to fund expenses

Explanation:

According to Blake, Elton, and Gruber (The Journal of Business, 1993), the only people who benefit from actively managed bond mutual funds are those that work for the mutual funds and not their clients.

They discovered that when the mutual funds increased their fees in 1%, the total performance decreases in 1%.

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There are four main categories of strategies that managers may define to create and sustain a competitive advantage. Which of th
mylen [45]

Answer:

c. A general manager defining a superior customer service strategy for his division to better deliver its products.

Explanation:

Business Level Strategies focuses on satisfying the needs of customers and then aiming to earn more than the average return.

For any organization which aims to grow needs to know its customer properly, about the needs, demands, as it can only grow if the customer satisfaction is maximum.

In the given instance, the statement "c" focuses on specific customer strategy to ensure that the department or division in concern will deliver to customer the better version of services.

As this aims for maximum satisfaction for customer, this is the correct example of Business Level Strategies.

7 0
3 years ago
Which of the following types of insurance do businesses frequently offer as part
aev [14]

Answer:

i think is B correct me if i wrong

8 0
3 years ago
Read 2 more answers
Last year Rocco Corporation's sales were $225 million. If sales grow at 6% per year, how large (in millions) will they be 5 year
cupoosta [38]

Answer:

b. $301.10

Explanation:

Current Sales = P = $225,000,000

Growth rate = g = 6%

Number of year = 5 years

Using simple growth formula we will find the Sales value after 5 years.

Future Sales = Current Sale ( 1 + growth rate )^Number of years

A = P ( 1 + g )^n

A = 225,000,000 x ( 1 + 0.06 )^5

A = 225,000,000 x 1.33823

A = 301,101,750 = 301.10175 Million

So, the correct option is b. $301.10.

3 0
4 years ago
Consider a project with free cash flows in one year of $90,000 in a weak economy or $117,000 in a strong economy, with each outc
lozanna [386]

Answer:

B) $90,000

Explanation:

The market value of the unlevered equity can be calculated using the following formula:

Expected value = Σpx

Where:

p = the probability of each outcome =50% in this case for both weak and strong economy.

x = the present value of cash flow for each outcome which is $90,000 in case of weak economy and $117,000 in case of strong economy.

Expected value= 0.50(90,000(1+15%)^-1)+0.50(117,000(1+15%)^-1)

                         =0.50(78,260.87)+0.50(101,739.13)

                         =$90,000

So the answer is B) $90,000

5 0
3 years ago
The capital accounts of Hawk and Martin have balances of $160,000 and $140,000, respectively, on January 1, the beginning of the
Serhud [2]

Answer:

a. $213,000

Explanation:

8 0
3 years ago
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