open-end no-load load convertible
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