What are the economic reasons for the existence of mutual funds?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (14 reviews)
One major economic reason for the existence of mutual funds is the ability to achieve diversificatio...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Financial Markets and Institutions
ISBN: 978-0077861667
6th edition
Authors: Anthony Saunders, Marcia Cornett
Question Posted:
Students also viewed these Banking questions
-
What are the economic reasons for the existence of mutual funds; that is, what benefits do mutual funds provide for investors? Why do individuals rather than corporations hold most mutual funds?
-
What are the economic benefits that options provide?
-
What are the economic rewards (e.g., higher salary) to obtaining an MBA degree? This was the question of interest in an article published in the International Economic Review (August 2008). The...
-
Assume that a trader in HSBS has bought EUR 10,000,000 on Feb 03, 2020. Estimate one day VAR with a 95% confidence interval for the FX position with the Historical Simulation approach. Compose some...
-
Consider the following two events for an individual: A = owns a cell phone B = owns a laptop computer Translate each event into words. (a) Ac (b) A and B (c) A or B (d) A | B (e) B | A
-
Withers Breaux Corp. is a manufacturing company that produces grooming appliances such as hair dryers and curling irons. The managers of each division prepare a master budget, but Withers Breaux does...
-
Young Blood Helps Old Brains Exercise 2.69 introduces a study in which old mice were randomly assigned to receive transfusions of blood from either young mice or old mice. Researchers then measured,...
-
EverFit Inc. manufactures commercial grade fitness equipment used in spas and health clubs. The firm produces complex resistance exercise machines designed to strengthen specific muscles. EverFits...
-
Power Company manufactures a variety of drill bits. The company's plant is partially automated. The budget for the year includes $432,000 payroll for 4,800 direct labor-hours. Listed below is cost...
-
As of December 31, 2018, XYZ Company's unadjusted trial balance shows the following accounts and balances: Account Debit Credit Cash $60,000 Accounts Receivable Supplies Prepaid Insurance Prepaid...
-
How does the risk of short-term funds differ from that of long-term funds?
-
What are the principal demographics of household owners of mutual funds?
-
Lottery winnings are taxable for Federal income tax purposes. What many lottery hopefuls forget to factor into their tax considerations are that lottery winnings are also taxable in many states....
-
Choosing the no change strategy and thereby recommending that the current strategy be continued is the least risky option. True of False
-
What forms of organizational structure are available to strategic managers? What are the primary advantages and disadvantages of each?
-
Should corrective action always be taken when performance falls below the predetermined standard? Likewise, should corrective action never be taken when performance meets or exceeds the predetermined...
-
When the dollar is weak, American manufacturers often open new production facilities abroad and increase purchases from foreign sources. True or False
-
Reading business publications can serve as a means of environmental scanning. True or False
-
For the above example (Example 8.24), find , the probability of type II error, as a function of . Example 8.24 Let X 1 , X 2 ,...,X n be a random sample from a N(, 2 ) distribution, where is unknown...
-
In Exercises, find the equation of the tangent line at the given point on each curve. 2y 2 - x = 4; (16, 2)
-
A \(3.0-\mathrm{kg}\) rod that is \(1.5 \mathrm{~m}\) long is free to rotate in a vertical plane about an axle that runs through the rod's center, is perpendicular to the rod's length, and runs...
-
A critic recently claimed that hedge funds cause market volatility to increase when they publicize (and document) that a public corporation exaggerated its earnings. The critic argued that hedge...
-
a. "Just because a mutual fund earns 20 percent return in one year, that does not mean that investors should rush into it. The fund's performance must be market-adjusted." b. "An international mutual...
-
a. "Just because a mutual fund earns 20 percent return in one year, that does not mean that investors should rush into it. The fund's performance must be market-adjusted." b. "An international mutual...
-
i want the answer on this ,) For each part, give a relation on {a,b,c} that satisfies the condition. a.Reflexive and symmetric but not transitive b.Reflexive and transitive but not symmetric...
-
Which OS uses the best technique to manage IPC? Why? Do all the OSs provide support for multiprocessing? Which OS, in your opinion, manages multiprocessing in the most efficient manner? What,...
-
What role do respiratory pigments such as hemoglobin and myoglobin play in facilitating oxygen delivery and storage within the circulatory and muscular systems, and how do allosteric regulators...
Study smarter with the SolutionInn App