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Lapatulllka [165]
3 years ago
9

Which of the following characteristics apply to unit investment trusts? I) Most are invested in fixed-income portfolios. II) The

y are actively-managed portfolios. III) The sponsor pools securities, then sells public shares in the trust. IV) The portfolio is fixed for the life of the fund.
Business
1 answer:
sweet-ann [11.9K]3 years ago
3 0

Answer:

I) Most are invested in fixed-income portfolios.

IV) The portfolio is fixed for the life of the fund.

Explanation:

Unit investment trusts is one in which Pools of money is invested in a portfolio which is fixed for the life of the fund. This is generally stocks and bonds which are redeemable units to investor for specific time. These investment portfolio have no board of directors. This is a type of mutual fund which offers investors having fixed portfolio of securities having definite life.

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4 years ago
Which of the following is a characteristic of a well diversified portfolio?
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Answer:

c. very little unsystematic risk.

Explanation:

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3 years ago
A marketing company wants to estimate the proportion of consumers in a certain region of the country who would react favorably t
Sindrei [870]

The closest to the minimum number of consumers needed to obtain the estimate with the desired precision is (b) 271

Explanation:

When the prior estimate of population proportion is not given , then the formula to find the sample size is given by :-

n=0.25(\frac{z^{*} }{E} )^{2}

where E = Margin of error.

z* = Critical z-value.

As per given , we have

E = 5%=0.05

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The critical value of z at 90% is 1.645  (By z-table)

Put all values in the formula , we get

n=0.25(1.645/0.05)²

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n=270.6025≈271

Thus, the minimum sample size needed = 271

Hence , the correct answer is 271 .

8 0
3 years ago
Sheridan company had 303000 shares of common stock issued and outstanding at december 31, 2017. no common stock was issued durin
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3 years ago
What is a foreign exchange rate?
ziro4ka [17]
Difference between the Us Dollar. 1 US dollar is .86 Euro
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3 years ago
Read 2 more answers
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