What is the difference between a load fund and a no-load fund? What are the advantages of
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 46% (13 reviews)
A load fund is a mutual fund that charges a commission to purchase shares in the f...View the full answer
Answered By
Joseph Mwaura
I have been teaching college students in various subjects for 9 years now. Besides, I have been tutoring online with several tutoring companies from 2010 to date. The 9 years of experience as a tutor has enabled me to develop multiple tutoring skills and see thousands of students excel in their education and in life after school which gives me much pleasure. I have assisted students in essay writing and in doing academic research and this has helped me be well versed with the various writing styles such as APA, MLA, Chicago/ Turabian, Harvard. I am always ready to handle work at any hour and in any way as students specify. In my tutoring journey, excellence has always been my guiding standard.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Fundamentals of Investing
ISBN: 978-0133075359
12th edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
Question Posted:
Students also viewed these Accounting questions
-
What is the primary difference between a load fund and a no-load fund? What is a back-end load? A 12b-1 fee?
-
What is the difference between a company's internal value chain and the industry value chain? What is the relationship between vertical integration and industry value chain?
-
What is the difference between a salary allowance for allocating profit among partners and salary expense? Between an interest allowance and interest expense?
-
Interpret the graph COVID-19 LITERACY SCALE 90 80 70 60 666 6 50 40 30 20 10 01 02 Q3 04 Q5 06 07 Q8 a9 Q10 Q11 Q12 Q13 Q14 Q15 Q16 Q17 Science Non-Science Figure 1. COVID-19 LITERARY SCALE
-
Give some examples of the national development policies pursued by the Chinese government. Explain how these affect the options open to foreign firms investing in China.
-
1 points Save Answer Suppose you purchased a stock a year ago. Today, you receive a dividend of $16 and you sell the stock for $126. If your return was 9%, at what price did you buy the stock? S
-
\(-3
-
Keenan Company has an inexperienced accountant. During the first 2 weeks on the job, the accountant made the following errors in journalizing transactions. All entries were posted as made. 1. A...
-
Execon Pty Ltd is a business that sells computer parts and systems. Due to the economic damage caused by Covid-19, Execon's sales have plummeted. Once a highly profitable business, their position has...
-
Write a proposal that promotes ideas for improving the project management communication at your place of work.. The audience for your proposal is your management. Your proposal can include charts,...
-
Define each of the following: a. Open-end investment companies b. Closed-end investment companies c. Exchange-traded funds d. Real estate investment trusts e. Hedge funds
-
Describe a back-end load, a low load, and a hidden load. How can you tell what kinds of fees and charges a fund has?
-
Discuss synergy in mergers. Why does synergy so often seem to be lacking despite expectations?
-
What deal(s) with the overall plan for deploying the resources that a firm possesses?
-
The income statement for Westbound Manufacturing is provided in the table below (all values are in million dollars): Gross sales less Cost of goods sold: Labour Raw materials Production overhead...
-
What is the Project Lessons Learned document?
-
What are the aptitudes and attitudes of a good HR Data Analyst?
-
Assume the current U.S. dollar-British spot rate is 0.6993E/$. If the current nominal one-year interest rate in the U.S. is 5% and the comparable rate in Britain is 6%, what is the approximate...
-
When multiplying or dividing measurements, which measurement in a set of data limits the answer?
-
On March 31, 2018, Gardner Corporation received authorization to issue $30,000 of 9 percent, 30-year bonds payable. The bonds pay interest on March 31 and September 30. The entire issue was dated...
-
Find descriptions, recent prices, and other information on an equity warrant. To search for warrants, go to the SECF screen. On the screen, click "Equity" from the "Category" dropdown, click the...
-
If a firm has an EV of $750 million and EBITDA of $165 million, what is its EV ratio?
-
Johnson Products earned $2.80 per share last year and paid a $1.25 per share dividend. If ROE was 14 percent, what is the sustainable growth rate?
-
You are going to value Lauryns Doll Co. using the FCF model. After consulting various sources, you find that Lauryns has a reported equity beta of 1.4, a debt-to-equity ratio of 0.3, and a tax rate...
-
Bridgeport Company exchanges old delivery equipment for newdelivery equipment. The book value of the old delivery equipment is$32,000 (cost $62,300 less accumulated depreciation $30,300). Itsfair v 2...
-
Job Number 544 $ 15,600 545 A company reports the following information on April 30, the end of its first month of operations. Manufacturing Costs Job Status at April 30 Completed and sold during...
-
Under a modified wage plan, Jim Phillips works an eight-hour day and earns $.50 for each finished unit he produces in excess of 200 units. However, he is guaranteed $12.50 per hour as a minimum wage....
Study smarter with the SolutionInn App