In a one-page report, explain how the concept of dollar-cost averaging applies to the options used to

Question:

In a one-page report, explain how the concept of dollar-cost averaging applies to the options used to purchase mutual funds.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Personal Finance

ISBN: 978-1259453144

6th Canadian edition

Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Arshad Ahmad, Jordan Fortino

See More Books

Question Posted: May 22, 2017 10:16 AM

See More Questions

Explain how the concept of shopper insights changed retailing.
Explain how the concept of PERT charting can save a company money.
Explain how the concept of risk can be incorporated into the capital budgeting process.
Many areas have attempted to increase the amount of recycled waste lubricating oil by requiring service stations to serve as collection centers or by instituting deposit-refund systems. On what...
The following defined pension data of Doreen Corp. apply to the year 2012. Defined benefit obligation, 1/1/12 (before amendment) ... $560,000 Plan assets, 1/1/12 ................... 546,200 Pension...
The tobacco companies have paid billions because of smoking- related illnesses. In particular, Philip Morris, a leading cigarette manufacturer, paid more than $ 3,000,000,000 in settlement payments...
During the inspection of a rejected integrated circuit (IC), it was observed that the rejected IC could have an incorrect circuit, it could be bent, or it could have both defects. The probability of...
(a) For the cascade shown in Figure a, calculate the compositions of streams V4 and L1. Assume atmospheric pressure, saturated liquid and vapor feeds, and the vapor-liquid equilibrium data given...
Mauro Products distributes a single product, a woven basket whose selling price is $23 per unit and whose variable expense is $16 per unit. The companys monthly fixed expense is $18,900. Required:...
POI Pty. Ltd. purchases comic books from publishers and resells them to customers. The company has a perpetual inventory system and assigns the cost of goods sold on a FIFO basis. The company has the...
Obtain specific information on either the Fidelity Disciplined Equity Class mutual fund or the Fidelity Canadian Short Term Bond-A fund. Then describe how each source of information could help you...
Obtain a mutual fund prospectus to determine the options you can use to purchase and redeem shares. Then prepare a chart that illustrates which options can be used to purchase and redeem shares in...
Alex Wall is shopping for a new four-wheel-drive utility vehicle and has identified three models from which she will choosean Explorer, a Trooper, and a Passport. She will make her selection based on...
Bank reserves are transformed into checkable deposits through multiple deposit creation. In the simplest case, this process is limited by the reserve requirement. a. When a banks reserves increase,...
Assume the short-run aggregate supply curve can be expressed algebraically as where Y d is aggregate demand. Find the numerical values for equilibrium output, Y, and the equilibrium inflation rate, ,...
Suppose the central bank took advantage of a temporary positive supply shock to lower its inflation target. Illustrate the impact of this change in the inflation target using an aggregate...
Follow the systematic process of shopping for life insurance by comparing information on the company, the agent (if applicable), and the policy for at least two different term policies. Base the...
Working in a small group, collect credit card marketing information or the summary of account information sent to cardholders for three to five different cards. Be sure to protect the identity of the...
Listed below are measured body temperatures (in ?F) of randomly selected subjects (from Data Set 2 in Appendix B). Use the sign test with a 0.05 significance level to test the claim that body...
A city maintains a solid waste landfill that was 12 percent filled at the end of Year 1 and 26 percent filled at the end of Year 2. During those periods, the government estimated that total closure...
Winners of the Georgia Lotto drawing are given the choice of receiving the winning amount divided equally over 20 years or as a lump- sum cash option amount. The cash option amount is determined by...
Michelle is attending college and has a part- time job. Once she finishes college, Michelle would like to relocate to a metropolitan area. She wants to build her savings so that she will have a nest...
Twins Jessica and Joshua, both 25, graduated from college and began working in the family restaurant business. The first year, Jessica began putting $ 2,000 per year in an individual retirement...
Work out which number line below shows the values that x can take if 3 x 2. - A +12345678910 8 9 10 B D 5 6 7 8 9 10 6 7 8 E 2 F 3 4 7 8 9 10 1 2 3 4 5 6 7 8 9 10
Application Case Coffee Shop is a company dedicated to the commercialization of "signature coffee", a category of high quality coffee that is grown, processed and prepared with a high degree of...
The issuing company Zapatos y Bolsas Veloz, SAB de C.V., dedicated to the manufacture and sale of vinyl leather bags for more than 25 years under the Bolsas Finas brand, the company obtained in the...

In a one-page report, explain how the concept of dollar-cost averaging applies to the options used to

Question:

Step by Step Answer:

Dollarcost averaging allows the investor to average many individ...View the full answer

Personal Finance

Students also viewed these Corporate Finance questions