What is a loading charge? Do all investment companies charge this fee?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 46% (15 reviews)
The loading charge is the sales fee charged by a mutual fund It is le...View the full answer
Answered By
Divya Munir
I hold M.Sc and M.Phil degrees in mathematics from CCS University, India and also have a MS degree in information management from Asian institute of technology, Bangkok, Thailand. I have worked at a international school in Bangkok as a IT teacher. Presently, I am working from home as a online Math/Statistics tutor. I have more than 10 years of online tutoring experience. My students have always excelled in their studies.
4.90+
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
Do closed-end investment companies charge load fees?
-
What is certified payroll? Do all companies use it?
-
Include another public method in the Employee class from Pencil and Paper Exercise 3. The method should calculate an Employee objects new salary, which is based on the raise percentage provided by...
-
What disclosure is necessary for a not-for-profit health care entity in connection with charity care that is provided?
-
Complete the work sheet.
-
Are the trait and behaviour lists connected in any way? If so, how? L01
-
A small printing shop has ten jobs that it must schedule. The processing times and due dates for each job are summarized in the following table. a. Suppose the jobs are scheduled in ascending order...
-
Pharoahindustries manufactures light factures for home, retail, and industrial customers. The retall line has been showing touses for several years, and management is considering dropping the line....
-
CBC-Pad is a block cipher mode of operation used in the RC5 block cipher, but it could be used in any block cipher. CBC-Pad handles plaintext of any length. The ciphertext is longer then the...
-
Are mutual funds subject to federal income taxation? Are distributions from mutual funds taxable?
-
What is a specialized mutual fund? What differentiates large and small cap funds? Value and growth funds?
-
Concern the binary operation * defined on S = {a, b, c, d, e} by means of Table 2.26. Compute b *d, c * c, and [(a* c) *e] *a. 2.26 Table ab * a a b b C d e C b d bc C b bcb ca e b b e b b a d a e d...
-
Archer Contracting repaved 50 miles of two-lane county roadway with a crew of six employees. This crew worked 8 days and used \($7,000\) worth of paving material. Nearby, Bronson Construction repaved...
-
An insurance company has the following profitability analysis of its services: The fixed costs are distributed equally among the services and are not avoidable if one of the services is dropped. What...
-
The Scantron Company makes bar-code scanners for major supermarkets. The sales staff estimates that the company will sell 500 units next year for 10,000 each. The production manager estimates that...
-
Determine the following: a. The stockholders equity of a company that has assets of \(\$ 625,000\) and liabilities of \(\$ 310,000\). b. The retained earnings of a company that has assets of \(\$...
-
You are the manager of internal audit for Do-It-All, Ltd., a large, diversified, decentralized manufacturing company. Over the past two years, the information systems function in Do-It-All has...
-
What external forces for change do you see described in this case? Would you describe Avons environment as more calm waters or white-water rapids? Explain.
-
Assume today is the 21st of February. Using the information below, FT Extract, answer the following questions (parts i and ii). You work for a US company that is due to receive 250 million in June...
-
The SPEC benchmarks present results with respect to a standard machine by normalizing the benchmarks. That is, a set of benchmarks is run on a reference machine and the times obtained for each of the...
-
Rockwell Industries has a three-year bond outstanding that pays a 7.25 percent coupon and is currently priced at $913.88. What is the yield to maturity of this bond? Assume annual coupon payments?
-
Hindenberg, Inc., has a 10-year bond that is priced at $1,100.00. It has a coupon of 8 percent paid semiannually. What is the yield to maturity on this bond?
-
Highland Corp. a U.S. company, has a five-year bond whose yield to maturity is 6.5 percent. The bond has no coupon payments. What is the price of this zero coupon bond?
-
Eye Deal Optometry leased vision - testing equipment from Insight Machines on January 1 , 2 0 2 4 . Insight Machines manufactured the equipment at a cost of $ 2 0 0 , 0 0 0 and lists a cash selling...
-
help! ee all photos + Add to o e D C N X Edit & Create Share Table of Contents No sales to an individual customer accounted for more than 10% of revenue during any of the last three fiscal years. Net...
-
Business law A person may have the liability of a partner even though no partnership exists True False
Study smarter with the SolutionInn App