Answer: D. The investor has no tax liability on distributions received, and the investment company has no tax liability on retained income
Explanation:
Municipal Securities are exempt of Federal taxes and this is what makes them most attractive. An investor in a mutual fund which invests solely in municipal securities will therefore not have any tax liability because their returns would be based on securities that are federally tax exempt. The same goes for any income the Mutual fund intends to retain.
Answer: A) Prototype
Explanation:
The first model shown to entrepenuers are called prototypes
proto- before
<span>GDP stands for Gross Domestic Product and it reflects all goods and services produced within the country. CPI stands for Consumer Consumer Price Index and it reflects the prices of a representative basket of goods and services purchased by the consumers.</span>
Answer:
18.38% and 13.2%
Explanation:
As we know that
Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)
So for Discount store, it is
= 5.8% + 1.7 × 7.4%
= 5.8% + 12.58%
= 18.38%
And for everything store, it is
= 5.8% + 1.0 × 7.4%
= 5.8% + 7.4%
= 13.2%
The Market rate of return - Risk-free rate of return) is also known as the market risk premium and the same is applied.
I believe the taxes increased, because a lot of American citizens are under paid for their hard labor and work..
