The false statement is both offer an unlimited number of shares in a continuous public offering. (option c)
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What are open-end and closed-end investment companies?</h3>
Open-end investment companies are companies that allow investors invest in their company continuously through the purchase of their shares. On the other hand, closed-end investment companies close their company to new investors
An advantage of open-end investment companies is they are highly liquid. A disadvantage of open-end investment companies is the company is vulnerable from large inflows and outflow of investments.
An advantage of closed-end investment companies is they do not incur charges with regards to the redemption activities of investors. A disadvantage of closed-end investment companies is that investors cannot withdraw their funds until maturity.
To learn more about open-end investment companies, please check: brainly.com/question/20350725
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Answer:
PV $402,264.7261
balance of the mortage
1-y from now $364,445.9041
2-y from now $323,601.5765
3-y from now $279,489.7026
4-y from now $231,848.8788
5-y from now $180,396.7891
6-y from now $124,828.5322
7-y from now $64,814.8148
Explanation:
We sovle for the PV of the annuity of 70,00 during 8 years discounted at 8%
C 70,000.00
time 8
rate 0.08
PV $402,264.7261
To know the value of the outstanding dbet we can repeat this formula changing the values for time
t = 7 $364,445.9041
t = 6 $323,601.5765
t = 5 $279,489.7026
t = 4 $231,848.8788
t = 3 $180,396.7891
t = 2 $124,828.5322
t = 1 $64,814.8148
Answer:
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