BUSN 380 help Making Decisions/uophelp.com BUSN 380 help Making Decisions/uophelp.com | Page 93
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Question 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
$3.00
Question 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
industry
balanced
money market
Question 5.5. (TCOs 6 and 7) A(n) _____ fund is a mutual fund that
invests in companies outside the United States. (Points : 1)
growth-income
income
international
industry
global market