Answer:
Option B:ABC Equity Income Fund
Explanation:
Mutual fund
This iss simply a form of an investment that comes or raises from the hands of investors, pools the money, which is directly invested on stocks, bonds, and other investments. It is said that under mutual funds, investor involved do owns a share of the fund proportionate to his/her investment but do not actually directly own securities. It pools money from investors with similar financial goals
It therefore necessary to achieve both current income and growth of income best suits the objectives and investment profile of the client. The capital appreciation and biotechnology funds not only fail to provide income; they are too risky for this retired person.
Advantages of Mutual funds
-diversification
-professional management, managers have access to high quality information
Advantage of mutual funds
1. Minimal transaction costs includes:
2. B/C mutual funds trade in high volume, they can negotiate lower transaction costs.
Answer:
$894,336
Explanation:
The computation of the present worth of two contracts is shown below:
= (Stable income × PVIFA at 3 years for 10%) + (Signed amount × PVIFA at 2 years for 10%) × PVF at 3 years for 10%
= ($260,000 × 2.4869
) + ($190,000 × 1.7355
) × 0.751314801
= $646,594 + $329,745 × 0.751314801
= $894,336
Refer to the PVIFA table and the discount factor table so that the correct amount could come
Without having a plan in place, managers may focus only on whatever in front of them instead of keeping a long-range view and anticipating new opportunities.
<h3>What is planning?</h3>
Planning can be regarded as one of the function of management which requires the manager to set a goal as well as objectives that is needed to work on.
Therefore if a manager fails to plan, there wont be a direction and this will not allow him to achieves those goals and objectives and this will affect the future of the organization.
learn more about planning at:brainly.com/question/24864915
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As the basis for everything about finnancial issues, the statement above is TRUE. These means are the basis to achieve your goals to save money and keep your budget safe. Hope this is good for you
Solution:
Smooth the pattern as well as the arrangement to get the outlook this year.
S(Week 5) = TAF(Week 5) + alpha*(Actual(Week 5) - TAF(Week 5))
= 75 + 0.5(65 - 75) = 70
S(Week 6) = TAF(Week 6) + alpha*(Actual(Week 6) - TAF(Week 6))
= 65 + 0.5(50 - 65) = 57.5
T(Week 6) = T(Week 5) + beta*(TAF(Week 6) - TAF(Week 5) - T(Week5))
= -5 + 0.1(65 - 75 - (-5)) = -5 + (-0.5) = -5.5
Therefore, TAF(Week 7) = S(Week 6) + T(Week 6) = 57.5 + (-5.5) = 52.0