​A mutual fund prospectus is not required to disclose the…

​A mutual fund prospectus is not required to disclose the   a.  ​minimum amount of investment required.   b.  ​return on the fund since its inception in comparison to the returns of other funds in its category.   c.  ​investment objective of the mutual fund.   d.  ​exposure of the mutual fund to various types of risk.   e.  ​fees incurred by the mutual fund and passed on to investors.   ANSWER:   b POINTS:   1 DIFFICULTY:   Moderate

Ron Swanson, Roy Kent and Michael Scott have created a succe…

Ron Swanson, Roy Kent and Michael Scott have created a successful ice cream company. They are now trying to expand our ice cream business in the US with the multiple ice cream shop. You have been brought on as a HR consultant to focus on employee morale, well being and culture while we grow. How can we help with expatriate adjustment? What areas should we be most concerned about? Why?  Please make sure to use the example in the scenario.

Which of the following is true of money market instruments?…

Which of the following is true of money market instruments?   a.  Their yields are highly correlated over time.   b.  They typically sell for par value when they are initially issued (especially T-bills and commercial paper).   c.  Treasury bills have the highest yield.   d.  They all make periodic coupon (interest) payments.   e.  Their yields are highly correlated over time AND they typically sell for par value when they are initially issued (especially T-bills and commercial paper).   ANSWER:   a POINTS:   1 DIFFICULTY:   Moderate

Exchange-traded funds (ETFs)?    a.  are traded on…

Exchange-traded funds (ETFs)?    a.  are traded on an exchange, and their share price changes throughout the day   b.  represent only bonds   c.  are actively managed   d.  None of these are correct.   ANSWER:   a POINTS:   1 DIFFICULTY:   Moderate

Funds that are designed to mimic particular stock indexes an…

Funds that are designed to mimic particular stock indexes and are traded on a stock exchange are known as:   a.  index mutual funds   b.  exchange-traded funds   c.  money market fund   d.  None of these are correct.   ANSWER:   b POINTS:   1 DIFFICULTY:   Moderate