Question 10 (1 point) Why might a firm have a high P/E ratio? 1) It is in a growth industry 2) The company is overpriced 3) Investor confidence is high 4) All of the above funds, but are generally less investment funds are riskier than risky than funds. O a) Money market; bond; dividend Ob) Balanced; equity; dividend c) Bond; balanced; mortgage d) Mortgage; money market; bond Previous Page Next Page Page 17 of 50 Question 17 (1 point) What is the main advantage of index ETFs over index mutual funds? Fewer fees and lower MERS. A wider variety to choose from. Easier to understand. Portfolio managers that are more skilled at picking winning stocks.. Question 18 (1 point) Exchange-Trade Funds (ETFs) provide investors with a: a) facility of trading on the stock exchanges b) diversified portfolio representing a proportionate interest in the basket of stocks that make up the underlying index Oc) liquid investment that trades throughout the day O d) all of the above Question 22 (1 point) Andrew bought units in ZEN Deferred Sales Charge Mutual Fund for $54.00. He is considering selling the units, when the net asset value per share (NAVPS) is $75.00. The fund will charge a 3% back-end commission based on the purchase price at the time of redemption. What is the selling price per share that Andrew will receive? a) $52.38 Ob) $55.62 Oc) $76.62 d) $73.38