a) Many assets trade in more than one type of market. What types of markets do the
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Question:
- a) Many assets trade in more than one type of market. What types of markets do the following trade in?
- Used Cars
- Paintings
- Rare Coins
b) How do security dealers earn their profits?
c) Consider a fund with US$100 Million in assets at the start of the year and with 10 Million Shares outstanding. The fund invests in a Portfolio of Stocks that provides no income but increases in value by 10%. The expense Ratio, including 12b- 1 fees, is 1%. What is the Rate of Return for an investor in the fund?
d) Identify the factors, in addition to supply and demand relationships, that determine market interest rates .
Related Book For
Essentials Of Investments
ISBN: 9780073368719
7th Edition
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
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