BUSN 380 Course Great Wisdom / tutorialrank.com BUSN 380 Course Great Wisdom / tutorialrank.com | Page 77

$48.00
$30.00
$36.66
$27.50
$1

Question 2.2. (TCOs 6 and 7) A(n) _____ mutual fund is one in which
investors pay a commission every time they purchase shares. (Points :
1)
closed-end
open-end
no-load

load

convertibleon 3.3. (TCOs 6 and 7) The All-Star Basic Value
Fund's portfolio is valued at $215 million. The fund has liabilities of
$5 million, and the investment company sponsoring the fund has
issued 15 million shares. What is the fund's net asset value? (Points :
1)

$14.33
$14.00
$21.50
$21.00 $3.00stion 4.4. (TCOs 6 and 7) A(n) _____ fund is a
mutual fund that invests in common stocks and bonds with the
primary objectives of conserving capital, providing income, and
seeking long-term growth. (Points : 1)
income
growth