Mutual Funds Answers

Choose the words to fill in the blank, which best complete the sentence. Cross-hatching provides an illusion of various ______(1)_______, while impasto provides an illusion of ______(2)_______. a. (1) depths; (2) tone c. (1) shadows; (2) light b. (1) distances; (2) definition d. (1) values; (2) depth Please select the best answer from the choices provided

Why would a mutual fund, a collection of stocks, bonds, and other securities, have less risk than investing in stocks alone?a.Stocks are higher risk than most other securities in a mutual fund, but when averaged with the risk of the other securities, mutual fund risk is not as high as stock risk. b.Mutual funds are controlled primarily by their investors, and those investors would do anything they could to keep their mutual fund from decreasing in value. c.Because mutual funds eliminate the middle man, there is far less room for error and higher chance for greater profit. d.Mutual funds, by nature, are a mutual agreement between company and investor, and failure to comply on either side presents reprecussions, the fear of which lowers the risk of the investment.

Chyra redeemed 175 shares of stock she owned in the fund shown below.Name of FundNAVOffer PriceCAH Group$15.83$16.27What were Chyra’s proceeds?a.$77.00b.$2,770.25c.$2,847.25d.$5,617.50

Elly buys 75 shares of stock in a mutual fund for a total investment of $450. She sells 50 shares of her stock for total proceeds of $400. Determine if Elly made a profit or loss, and how much per share.a.loss of $0.67 per shareb.loss of $2 per sharec.profit of $0.67 per shared.profit of $2 per share

Use the information in the table below to answer the following question.Name of FundNAVOffer PriceUpton Group$18.47$18.96Green Energy$17.29$18.01TJH Small-Cap$18.43$19.05WHI Health$20.96NLTracy buys 150 shares of Upton Group and 100 shares of WHI Health. What is Tracy’s total investment?a.$4,940.00b.$5,040.00c.$5,914.50d.$5,988.00

A mutual fund has total assets of 2.4 million dollars and 300,000 shares. What is the net asset value of one share of the fund?a.$0.08b.$0.80c.$8.00d.$80.00

Rochelle invests in 500 shares of stock in the fund shown below.Name of FundNAVOffer PriceHAT Mid-Cap$18.94$19.14Rochelle plans to sell all of her shares when she can profit $6,250. What must the net asset value be in order for Rochelle to sell?a.$12.50b.$31.44c.$31.64d.$100.00

Examine this piece of art by Jean-Auguste-Dominque Ingres, entitled, Napoleon on his Imperial Throne. All of the following examples display Ingres’ use of texture, except which? a. The lace of Napoleon’s collar. b. The red velvet cape with ermine lining. c. The shine glaring off Napoleon’s face. d. The thickness of the carpet. Please select the best answer from the choices provided

An investor buys 400 shares of stock in a fund when the net asset value is $19.62 and the offer price is $19.84. The investor sells these shares when the net asset value is $43.19 and the offer price is $43.56. Determine the amount of profit the investor earns.a.$9,576b.$9,488c.$9,428d.$9,340

Use the information in the table below to answer the following question.Name of FundNAVOffer PriceUpton Group$18.47$18.96Green Energy$17.29$18.01TJH Small-Cap$18.43$19.05WHI Health$20.96NLFor which of the funds shown would you pay the most commission on the purchase of 100 shares?a.Green Energyb.TJH Small-Capc.Upton Groupd.WHI Health