Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 5 2 pts A mutual fund that seeks to imitate the overall behaviour of the stock market is called an index fund an indexed

image text in transcribedimage text in transcribed

Question 5 2 pts A mutual fund that seeks to imitate the overall behaviour of the stock market is called an index fund an indexed retirement age fund a long-run collectibles fund a mortgage-backed securities fund Question 6 2 pts operates directly between a saver with financial assets to invest and an entity who will receive those assets in exchange for paying a public company; higher rate of interest stock market; rate of return financial intermediary; rate of return private company; higher rate of interest Question 7 2 pts Suppose that in 2020 you put $36,000 in a bank account. The bank pays only a 2% annual interest rate. You do not add or withdraw any money from this account over the years. What will e the value of this account after 30 years? Round your answer to the nearest dollar. Question 8 2 pts During the U.S. stock market collapse of 2007, Paul's financial advisor recommended that he invest in a number of pharmaceutical companies while their stock values were down considerably. He expected these companies to maintain high dividend yields, making them attractive to investors. If Paul follows his financial advisor's recommendations, he is O likely investing in an index fund. O diversifying his investment portfolio. O following fundamental trading advice. O following momentum trading advice

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Finance questions

Question

What are the four parts of successful persuasive messages?

Answered: 1 week ago

Question

Explain the steps involved in training programmes.

Answered: 1 week ago

Question

What are the need and importance of training ?

Answered: 1 week ago

Question

Presentation Aids Practicing Your Speech?

Answered: 1 week ago