1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sattari [20]
3 years ago
8

An investor purchases 1,000 mutual fund shares with a Net Asset Value of $10 each, where the fund imposes a 5% contingent deferr

ed sales charge if the shares are redeemed within the first year. The sales charge decreases by 1% for each year the investor remains invested in the fund. If the investor were to redeem his shares during the second year of holding the fund, based upon the NAV of $10, he or she will receive:
A. $10,000
B. $9,600
C. $9,500
D. $9,400
Business
1 answer:
Ad libitum [116K]3 years ago
4 0

Answer:

B. $9,600

Explanation:

Calculation to determine the amount he or she will receive

Amount Received=(1000*$10)*[100%-( 5% contingent deferred -1%Decrease in sales charge)

Amount Received=$10000-(100%-4%)

Amount Received=$10000*96%

Amount Received=$9,600

Therefore he or she will receive $9600

You might be interested in
Which of the following generational groups is most likely to represent the present owners of cottages surrounding Witmer Lake?A)
yawa3891 [41]
I think it’s d but try to search it D
8 0
3 years ago
As a manager your organization is constantly confronted with a variety of changes in the market or a wide range of situations. Y
boyakko [2]

Answer:

C. Michael

Explanation:

The least preferred coworker scale is a method used to determine the leadership style of individuals. It was developed by Fred Fiedler and American scholar.

When a person gives positive feedback on coworkers they are more relationship oriented and get a high LPC score.

For those that give negative feedback on coworkers, they are task oriented and will get low LPC scores.

Relationship oriented style is used when employees are experienced and know what to do, while task oriented leadership is needed when the team is less experienced or results need to be delivered in a short time.

The organization is constantly confronted with a variety of changes in the market or a wide range of situations. So this requires a mix of both relationship and task oriented leadership to adapt to changing organisational needs.

Michael is the best option with middle LPC score.

7 0
3 years ago
The capital-to-labor ratio is:Question 40 options:a) a key element in decreasing real wages.b) high in rich countries.c) the rat
andrezito [222]

Answer:

b) high in rich countries.

Explanation:

Capital-to- labour ratio measure the degree of capitalisation of an economy.

Labour is the service that is given by workers in exchange for salaries in the production process.

Capital is the long term input that is put into the manufacturing process, usually in the form of machinery or systems that automate production.

Capital-to-labour ratio= Total capital/ Total labour

Rich countries have a high level of capitalisation of their production process, where a lot of activity is automated. So capital is high and labour input is low. This results in a high capital-to-labour ratio.

On the other hand poor countries are more labour inensive, so their capital-to-labour ratio is low.

7 0
3 years ago
Read 2 more answers
Haskins Products sells 2,000 kayaks per year at a sales price of $470 per unit. Haskins sells in a highly competitive market and
AysviL [449]

Answer:

target fixed​ costs is $ 420000

Explanation:

Given data

sells 2,000

sales price of $470 per unit.

product cost at $720,000

variable costs are $300,000

to find out

target fixed​ costs

solution

we know here product cost and variable cost

so target fixed​ costs is product cost - variable costs

so we put all these value to find out target fixed cost

target fixed​ costs = product cost - variable costs

target fixed​ costs = 720000 - 300000

target fixed​ costs is $ 420000

4 0
3 years ago
When a homeowner visited the home depot to buy what he thought he needed to fix a leaking toilet, he gathered up materials total
Gemiola [76]
The answer to this question is "Market Orientation" such as when the homeowner <span>visited the home depot to buy what he thought he needed to fix a leaking toilet, he gathered up materials totaling almost $70. When on his way to check out, an employee asked him what was he trying to fix. After some discussion, the employee convinced the homeowner that a $5.99 replacement part would fix the problem better than the materials he thought he needed and with less trouble. This kind of discussion between employees and customers is commonplace at the home depot and indicates the retail store has a MARKET orientation.</span>
6 0
3 years ago
Other questions:
  • You would like to bake a special birthday cake for a friend who has celiac disease. the original cake recipe is made with eggs,
    10·2 answers
  • Which of the following statements is true? Group of answer choices A perfectly competitive firm that seeks to maximize profits w
    9·1 answer
  • Wormwood, Ltd., produces a variety of furniture products. The planning committee wants to prepare an aggregate plan for the next
    14·1 answer
  • The Federal Reserve purchases ​$8 million in U.S. Treasury bonds from a bond​ dealer, and the​ dealer's bank credits the​ dealer
    10·1 answer
  • The first paragraph or part of a business letter is in the blank
    14·1 answer
  • If Japan uses a certain amount of resources to produced cars, then it cannot use these sames resources to produce corn. The fore
    11·1 answer
  • You are one of five risk-neutral bidders participating in an independent private values auction. Each bidder perceives that all
    5·1 answer
  • We believe in creating loyal customers by providing a superior experience at a great value. We are committed to direct relations
    15·1 answer
  • An offeree whose acceptance is not a mirror of the offer has made a counter offer.
    14·1 answer
  • If someone introduces himself using a formal introduction, you should _____.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!