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QUESTION 7 What prompted the growth of money market funds? Stock prices were too variable. Stock mutual funds stopped accepting investors. Hedge funds were unavailable.
QUESTION 7
What prompted the growth of money market funds?
Stock prices were too variable. | ||
Stock mutual funds stopped accepting investors. | ||
Hedge funds were unavailable. | ||
Regulation Q capped bank interest rates. |
1 points
QUESTION 8
The total value of a mutual fund's stocks, bonds, and other assets minus any liabilities divided by the number of shares outstanding is the _____.
percent capital gain | ||
net asset value (NAV) | ||
maximum price allowed by law | ||
method used to calulate 12b-1 fees |
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