What is an index fund, and why should most investors consider purchasing shares in an index fund
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (11 reviews)
An index fund is one that tries to track a market index like the SP 500 or the Dow Jones Indus...View the full answer
Answered By
Branice Buyengo Ajevi
I have been teaching for the last 5 years which has strengthened my interaction with students of different level.
4.30+
1+ Reviews
10+ Question Solved
Related Book For
Personal Finance Turning Money into Wealth
ISBN: 978-0133856439
7th edition
Authors: Arthur J. Keown
Question Posted:
Students also viewed these Corporate Finance questions
-
Legs Diamond owns shares in Vanguard Index 500 mutual fund worth $1 million on July 15. (This is an index fund that tracks the Standard and Poors 500 Index.) He wants to cash in now, but his...
-
Beth Stewart is an investment analyst for the U.S.-based Empire Pension Fund. Empire is considering the addition of two recently established U.S. large-capitalization equity mutual funds to its asset...
-
What is an index option? What index options are available?
-
If the demand function and supply function for Z-brand phones are p + 2q = 100 and 35p + 20q = 350, respectively, compare the quantity demanded and the quantity supplied when p = 14. Are there...
-
The following budgeted and actual costs existed for the placement ofï¬ce of Tempes Community College for 2009. Required: (a) Determine the variances for each budget item. (b) Do you think...
-
Export motives can be classified as reactive or proactive. Give examples of each group of export motives. How would you prioritize these motives? Can you think of motives other than those mentioned...
-
Mechanical engineers, testing a new arc-welding technique, classified welds both with respect to appearance and an X-ray inspection. Test for independence using \(\alpha=0.05\) and find the...
-
Margie Anunson was just hired as the assistant treasurer of Northshore Stores, a specialty chain store company that has nine retail stores concentrated in one metropolitan area. Among other things,...
-
In the context of heat exchangers, how does the design and optimization of finned surfaces influence overall heat transfer performance, particularly in high-temperature applications like gas turbine...
-
Air at 20°C and 1 atm flows past the flat plate in Fig P7.24, the two pitot tubes are each 2 mm from the wall. The manometer fluid is water at 20°C. If U = 15 m/s and L =50 cm, determine the...
-
Why are money market mutual funds considered practically risk free?
-
What are the three main categories of bond funds? What is the primary advantage of each category?
-
What is partial pressure? What is the relationship between the partial pressures of each gas in a sample and the total pressure of gas in the sample?
-
Suppose the National League team has a probability of \(\frac{3}{5}\) of winning the World Series and the American League team has a probability of \(\frac{2}{5}\). The series is over as soon as one...
-
Refer to the following tree diagram for a two-stage experiment. Find the probabilities in Problems 7-12. (Round your answers in Problems 11 and 12 to the nearest hundredth.) \(P(E) \) A B E E E E E E
-
A couple plans to have five children. Find the probability that they will have more than three girls.
-
Suppose the people in a room are divided into two groups as follows: Members: 15 men, 20 women, 0 children Nonmembers: 10 men, 8 women, 12 children A prize is given to one person who is selected at...
-
Suppose a jar contains 3 pens: 1 red, 1 blue, and 1 green. Three people sign a document, one at a time. Each person selects a pen, signs the document, and then replaces the pen before the next person...
-
Evaluate the definite integral using the values below. -6 "6 [~ dx = 320, [x dx = 16, [*dx = 4 2 2
-
The first law of thermodynamics is sometimes whimsically stated as, You cant get something for nothing, and the second law as, You cant even break even. Explain how these statements could be...
-
Calculate the maximum acceleration of a car that is heading up a 4 slope (one that makes an angle of 4 with the horizontal) under the following road conditions. Assume that only half the weight of...
-
Calculate the maximum acceleration of a car that is heading up a 4 slope (one that makes an angle of 4 with the horizontal) under the following road conditions. Assume that only half the weight of...
-
A farmer making grape juice fills a glass bottle to the brim and caps it tightly. The juice expands more than the glass when it warms up, in such a way that the volume increases by 0.2% (that is, V/V...
-
Dollar-Value LIFO On January 1, 2018, Sato Company adopted the dollar-value LIFO method of inventory costing. Sato's ending inventory records appear as follows: Year Current Cost Index 2018 $31,600...
-
How many standards are included in the ELP accreditation standards? What stands out to you about the different areas? What are the topic areas under administration and leadership? What are the...
-
What is performance management systems? Do the companies where you (or others you know) have worked used performance management systems rather than performance appraisal systems? If yes, what kind of...
Study smarter with the SolutionInn App