The forward pricing rule applies to: c) purchases and redemptions of the shares of open-end investment companies.
<h3>What is SEC?</h3>
SEC is an abbreviation for Securities and Exchange Commission and it can be defined as a governmental agency that is saddled with the sole responsibility of regulating the securities or capital markets, as well as protecting investors in the United States of America.
In the U.S, the Securities and Exchange Commission (SEC) as an independent government agency was established under the Securities Act of 1933 and the Securities and Exchange Act of 1934 of the United States of America.
<h3>What is the
forward pricing rule?</h3>
The forward pricing rule can be defined as a SEC-mandated policy for all public institutions which requires processing buy and sell orders for mutual-fund shares of open-ended investment companies, at the net asset value (NAV).
In this context, we can reasonably infer and logically deduce that the forward pricing rule applies to purchases and redemptions of the shares of open-end investment companies.
Read more on forward pricing rule here: brainly.com/question/14555013
#SPJ1
Answer:
bundle pricing
Explanation:
Bundle pricing
Bundle pricing is a marketing strategy in which company want to sell their products and services in price lower than they actually charge. The reason behind inducing bundle pricing is to allow customer to have more services and products by giving them discount.
In other words bundle pricing is mean to offer heavy discount in order to make huge profit by selling their products in large number.
You might struggle through delayed profitability where the market maynot already be established , it might take a long time to come profitable
A BANK SERVICE CHARGE requires a journal entry by the depositor.
On the other hand, the bank errors do not require a journal entry by the depositor.
A journal entry refers to an entry made inside a journal (a bank record). The bank service charge is always shown on the bank statement and on the last date of the bank statement.
