Describe the three components of the expense ratio. How can a no load fund compensate brokers?
Answer to relevant QuestionsList and briefly describe the different types of stock mutual funds. Hunter invested $ 7,000 in shares of a load mutual fund. The load of the fund is 7%. When Hunter purchased the shares, the NAV per share was $ 70. A year later, Hunter and why? sold the shares at a NAV of $ 68 per share. ...Why is it important to diversify your financial holdings across financial assets? How does asset allocation enable you to accomplish diversification? What factors influence a portfolio’s risk? Explain. Teresa purchased a call option on a stock for $ 250. The option allows her to purchase the stock for $ 40 per share if she exercises the option by December 31st. On December 15th, the stock rises to $ 60 per share and Teresa ...
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