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Which of the following statements is False regarding actively managed mutual funds: O a. May attempt to identify mispriced assets O b. Provide record keeping
Which of the following statements is False regarding actively managed mutual funds: O a. May attempt to identify mispriced assets O b. Provide record keeping and administrative functions O c. Attempt to replicate the weightings of the broad market index in their own holdings. O d. Tend to charge higher fees than passively managed mutual funds Bond K has a coupon rate 6% per year (coupons paid out semi-annually), yield to maturity 3.5% per half-year and currently sell at price of $Y. What will be the price of the bond 1 year from now, right after the coupon is paid out (assuming the yields stay unchanged)? O a. Need more information to answer O b. More than $Y O c. Less than $Y O d. Unchanged
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