Aishwarya just won the national lottery of 10 million (Indian rupee). Now shes faced with the problem
Question:
Aishwarya just won the national lottery of 10 million (Indian rupee). Now she’s faced with the “problem” of how to spend it. Finally, she decides to invest the money in an open-end fund, a closed-end fund, and an ETF. Using the site https://www.mutualfundindia. com/, find three funds that match Aishwarya’s desired portfolio and describe the investment objectives of each fund.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (11 reviews)
The three funds are i An openend fund that invests in the Indian stock market ii A closedend fund th...View the full answer
Answered By
James Warinda
Hi! I’m James Otieno and I'm an experienced professional online tutor with countless hours of success in tutoring many subjects in different disciplines. Specifically, I have handled general management and general business as a tutor in Chegg, Help in Homework and Trans tutor accounts.
I believe that my experience has made me the perfect tutor for students of all ages, so I'm confident I can help you too with finding the solution to your problems. In addition, my approach is compatible with most educational methods and philosophies which means it will be easy for you to find a way in which we can work on things together. In addition, my long experience in the educational field has allowed me to develop a unique approach that is both productive and enjoyable.
I have tutored in course hero for quite some time and was among the top tutors awarded having high helpful rates and reviews. In addition, I have also been lucky enough to be nominated a finalist for the 2nd annual course hero award and the best tutor of the month in may 2022.
I will make sure that any student of yours will have an amazing time at learning with me, because I really care about helping people achieve their goals so if you don't have any worries or concerns whatsoever you should place your trust on me and let me help you get every single thing that you're looking for and more.
In my experience, I have observed that students tend to reach their potential in academics very easily when they are tutored by someone who is extremely dedicated to their academic career not just as a businessman but as a human being in general.
I have successfully tutored many students from different grades and from all sorts of backgrounds, so I'm confident I can help anyone find the solution to their problems and achieve
0.00
0 Reviews
10+ Question Solved
Related Book For
Fundamentals Of Investing
ISBN: 9780135175217
14th Edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
Question Posted:
Students also viewed these Business questions
-
Marty has just won the National Magazine Sweepstakes. He has two options for receiving his prize. The first option is to accept a $125,000 cash payment today. The second option is to receive $15,000...
-
Suppose a grocer is faced with a problem of how many cases of milk to stock to meet this weeks demand. The grocer estimates that demand will be 25, 30, 35, or 40 cases and wants to analyze the...
-
8.A grocer is faced with a problem of how many cases of milk to stock to meet tomorrows demand. Assume that any milk that remains unsold at the end of the day will represent a complete loss to the...
-
Prepare journal entries to record the following grant-related transactions of an enterprise fund activity. Explain how these transactions should be reported in the enterprise funds financial...
-
For a corporation investing in capital projects, how is value created by using required return calculations?
-
How much tax will Hanna pay on her qualified dividends and capital gains?
-
Find the exact solution of the nonlinear pendulum equation \[\ddot{\theta}+\omega_{0}^{2}\left(\theta-\frac{\theta^{3}}{6} ight)=0\] with \(\dot{\theta}=0\) when \(\theta=\theta_{0}\), where...
-
Product mix, constrained resource. Taylor Furniture produces and sells specialty mattresses. Production is a machine-intensive process. Taylors variable costs are direct material costs, variable...
-
What is the first stage of the perception process, requiring us to use our visual, auditory, tactile, and olfactory senses to respond to stimuli in our interpersonal environment. Explain in details.
-
Erin Murdoch, an architect, organized Modern Architects on January 1, 20Y4. During the month, Modern Architects completed the following transactions: a. Issued common stock to Erin Murdoch in...
-
Briefly describe each of the following types of mutual funds: a. Aggressive-growth funds b. Equity-income funds c. Growth-and-income funds d. Bond funds e. Sector funds f. Socially responsible funds
-
The New Germany Fund (NGF), a closed-end fund, turned in the following performance for the year 2019. a. Based on this information, what was the NAV-based HPR for the NGF in 2019? b. Find the...
-
Find and cite the United States Code Annotated (U.S.C.A.), 191 of title 50. Summarize the results.
-
As your materials indicate, health care professionals sometimes fail to report child abuse in cases where they believe the child's injury may be abuse-related. However, as discussed in this article,...
-
Some hospitals test new and expecting mothers for drug use, a practice that has been the subject of significant controversy, as discussed in this article. Some hospitals test all women, while others...
-
Max visited a popular venue in town serving beers and delicious pizza with extensive outdoor areas that included a wooden patio and a vast lawn. The venue was crowded, and there were many people...
-
Shuri, a 35-year-old graphic designer, had been working for a small design agency for six years when she was let go without a reason. Her salary was in line with the industry standards, and the...
-
Rodney Smith, an 18-year old Camosun student who took Business Law course, went to Mona Turner his elderly neighbour who was raking leaves. Rodney offered to clean the gutters for $150.00. Mona...
-
In 1911, Ernest Rutherford discovered the nucleus of the atom by observing the scattering of helium nuclei from gold nuclei. If a helium nucleus with a mass of 6.68 1027 kg, a charge of + 2 e, and...
-
You deposit $10,000 in a savings account that earns 7.5% simple interest per year. What is the minimum number of years you must wait to double your balance? Suppose instead that you deposit the...
-
From 2010 to 2015 Steller Strollers, Inc., has paid dividends of $1.06, $1.13, $1.21, $1.25, $1.31, and $1.38. Use an Excel spreadsheet like the template below to find Steller's historical dividend...
-
Investors expect that Amalgamated Aircraft Parts, Inc., will pay a dividend of $2.50 in the coming year. Investors require a 12% rate of return on the company's shares, and they expect dividends to...
-
a. Determine the average annual rate of growth in sales over the past five years. (Assume sales in 2011 amounted to $7.5 million.) 1. Use this average growth rate to forecast revenues for next year...
-
The Production Department of Hruska Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year: Units to be produced 1st Quarter 2nd Quarter 3rd...
-
You go to the hardware store to buy a new 50 ft garden hose. You find you can choose between hoses of inch and inch inner diameter. Compare the rate at which water flows through the two types of...
-
Miller Company's contribution format income statement for the most recent month is shown below: Sales (32,000 units) Variable expenses Total $ 224,000 128,000 Contribution margin 96,000 Per Unit $...
Study smarter with the SolutionInn App