What is the major difference between open-end and closed-end investment companies? Why have open-end companies been more
Question:
What is the major difference between open-end and closed-end investment companies? Why have open-end companies been more popular?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (10 reviews)
Openend companies are always ready to buy back or sell mo...View the full answer
Answered By
Mary Njunu
I posses Vast, diversified knowledge and excellent grammar as a result of working in ACADEMIC WRITING for more than 5 years. I deliver work in various disciplines with assurance of quality work. I purpose at meeting the clients’ expectations precisely. Let’s work together for the best and phenomenal grades.
4.90+
928+ Reviews
2551+ Question Solved
Related Book For
Financial Institutions, Markets and Money
ISBN: 978-1119330363
12th edition
Authors: David S. Kidwell, David W. Blackwell, David A. Whidbee, Richard W. Sias
Question Posted:
Students also viewed these Business questions
-
What is the major difference between a negotiated purchase and a competitive bid purchase?
-
What is the major difference between the capture theory of regulation and the public interest theory of regulation?
-
What is the major difference between judgmental and convenience sampling?
-
You are an audit supervisor of PricewaterhouseCoopers (PwC) and are planning the audit of your client, Blister Pharmaceuticals co. which manufactures and imports sanitary and cleaning products...
-
US-Co, a domestic corporation, reports worldwide taxable income of $1.5 million, including a $400,000 dividend from For-Co, a wholly owned foreign corporation. For-Co's undistributed E & P totals $16...
-
The Mira Vista Company issued $500,000 in bonds at a discount five years ago. The current book value of the bonds is $475,000. The company now has excess cash on hand and plans to retire the bonds....
-
Implement a greedy-search algorithm. How well does it perform compared with the other methods you have implemented? Invent a 0-1 knapsack problem, and use your search tree implementation to model...
-
Victoria Hall is a licensed dentist. During the fi rst month of the operation of her business, the following events and transactions occurred. April 1 Invested $20,000 cash in her business. 1 Hired a...
-
BIG Construction (BC) is building a bridge for $40 million at a total cost of $34 million over the next three years. The company uses percentage of completion method to recognize revenue. Below is a...
-
From the data 1,4, 5, 3, 2, 5, 7, 3, 4, and 5, Poindexter created the following frequency table. What five things did he do wrong? f- 013589 f- 11223|-| 123457
-
(a) If you earned 3 percent per year in a tax-free money market fund and you were in the 31 percent federal income tax bracket and were fortunate enough to live in a state that had no state income...
-
Why have ETFs grown so popular so quickly? What advantages do ETFs have over open-end index funds?
-
Distinguish between the accounting treatment of a manufacturers warranty and an extended warranty. Why the difference?
-
If current liabilities are $30,000, non-current liabilities are $70,000, owners' equity is $80,000, and net income is $30,000. Calculate Returns on assets
-
A company purchased $2,000 of merchandise on August 15 with terms 1/10, n/30. On August 17, it returned $200 worth of merchandise. On August 18, it paid the amount due. The amount of the cash paid on...
-
Calculate the percentage change in full price of 30-year, 6% semiannual-pay bond currently trading at 7% for an increase in yield of 50 basis points.
-
A new primary care physician moved into the area and approached your hospital to partner with her as she begins a new practice in the community. Because the administration is always anxious to...
-
What is Embedded Firmware? What are the various methods available for developing Embedded Firmware? (ii) Explain the role of Reset circuit in Embedded System. (iii) Explain the role of Real Time...
-
A zero-coupon bond can be redeemed in 20 years for $10,000. How much should you be willing to pay for it now if you want a return of: (a) 10% compounded monthly? (b) 10% compounded continuously?...
-
If the annual fixed costs are 54,000 dinars, the occupation expense represents 20%, the contribution margin is 25%, and the unit selling price is 40 dinars. Required: Calculate the closing point of...
-
British banks and the British economy as a whole experienced the credit crunch in 2007. Discuss.
-
Deregulation of the financial services industry in the United States and the United Kingdom led to the global financial crisis of 2007. Discuss.
-
Compare the sustainability of an investment bank and a retail bank during the global financial crisis.
-
https://youtu.be/-D2pIBKeHd4 1) List 4 characteristics of a good leader. Please give a specific example for each. 2) What stood out about Mr. Behar's comments and explain why. 3) Give an example of a...
-
1. The PREA survey focuses on three areas: financial performance, productivity and management practices. This survey seems to focus on improving operations from a management perspective. If you could...
-
Part 1: The Program Explain in detail: The program you identified within your specialization area(My specialization is Special Education)that is in need of evaluation. Be sure to include the purpose...
Study smarter with the SolutionInn App