I have 20 multiple choice questions that I need help with please. DO Not have a lot of time

Owning mutual fund shares typically enables an investor to receive all the following EXCEPT Select one: a. professional management. b. reinvestment of dividends. c. convenience. d. control over the investment portfolio. Question 2 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text A mutual fund that levies a commission when shares are sold is said to have Select one: a. a back-end load. b. a management fee. c. a negative net asset value. d. a front-end load. Question 3 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text Two mutual funds within Fidelity Family of mutual funds were recently quoted in the Wall Street Journal as follows: Fidelity High Income NAV 6.94 Offer price 6.94 Fidelity Magellan NAV 57.24 Offer price 59.01 Select one: a. Fidelity Magellan is a no-load fund. b. Both funds are load funds. c. Fidelity High Income is a no-load fund. d. Both funds are no-load funds. Question 4 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text The type of mutual fund that has capital appreciation as its primary investment objective is Select one: a. a money fund. b. an income fund. c. a growth fund. d. a balanced fund. Question 5 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text The single most important investment objective of a growth fund is Select one: a. maximization of dividend income. b. maximization of capital gains. c. maximization of interest income. d. maximization of financial leverage. Question 6 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text A fund that is designed to match the performance of the stock market as a whole, and which does so by buying and holding a portfolio of stocks equivalent to those in a index such as the S&P 500, is known as Select one: a. a sector fund. b. a yield-enhanced funds. c. an index fund. d. a block fund. Question 7 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text Automatic dividend reinvestment means that mutual fund shareholders elect to receive dividends and/or capital gains distributions in the form of Select one: a. new shares of the fund. b. reinvestment credits that can be used like stock options. c. cash. d. tax credits. Question 8 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text According to modern portfolio theory (MPT), diversification is achieve in a portfolio by combining securities such that Select one: a. the individual securities in the portfolio have high positive correlations between each other's rates of returns. b. the efficient frontier is parallel to the Y-axis. c. the efficient frontier is parallel to the X-axis. d. the individual securities in the portfolio have negative (or low positive) correlations between each other's rate of returns. Question 9 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text If you have a portfolio with a beta of .6, when the market return increases by 20%, the portfolio return is expect to Select one: a. decrease by 6%. b. increase by 19.4%. c. increase by 12%. d. increase by 6%. Question 10 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text Which of the following portfolios is the most diversified? Select one: a. IBM, Cisco, Microsof b. General Motors, Ford Motor, Chrysler Corporation c. Pepsico, USAir, Kodak d. United Airlines, American Airlines, Boeing Question 11 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text An efficient portfolio is one that Select one: a. provides the best return for an investor. b. has five or fewer individual securities. c. attempts to maximize risk while minimizing return. d. provides the lower risk for a particular level of return. Question 12 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text Which of the following statements can be correctly made about the Dow Jones Industrial Average (DJIA)? I. The DJIA consists of stocks that constitute more than 50% of all publicly traded stocks. II. The DIJA is an excellent broad-based measure of the general stock market. Select one: a. Both I and II b. I only c. II only d. Neither I nor II Question 13 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text Investors who hold gold and other precious metals in their portfolios generally do so in order to Select one: a. have a hedge against inflation. b. own an investment vehicle whose unit price is historically very stable. c. have a relatively low-risk investment vehicle. d. own an investment that does not involve any transaction costs. Question 14 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text Which of the following types of risk can an investor reduce through portfolio management? Select one: a. systematic risk. b. nondiversifiable. c. diversifiable risk. d. market risk. Question 15 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text Jerome purchased 100 shares of Badminton stock for $8 per share, and paid $50 in transaction costs at the time of the purchase. Two years later, Jerome sold his 100 shares at $100 per share. According to tax law, Jerome basis in the stock was Select one: a. cannot be determined from the information given. b. $850 c. $900 d. $800 Question 16 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text The tax rate that should be considered when evaluating the tax implications of potential investment strategies is the investor's Select one: a. alternative tax rate. b. average tax rate. c. absolute tax rate. d. marginal tax rate. Question 17 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text Which of the following statements about a portfolio is (are) correct? I. A portfolio of two assets with perfectly positively correlated returns will have an overall risk below that of the least risky asset. II. A portfolio of two assets with perfectly negatively correlated returns will have an overall risk greater than that of the most risky asset. Select one: a. Both I and II b. I only c. II only d. Neither I nor II Question 18 Sharpe's measure of portfolio performance compares the risk premium on a portfolio to Select one: a. the portfolio's standard deviation return. b. the portfolio's beta. c. the prevailing risk-free rate of return. d. a broad-based market index such as the S&P 500 index. Question 19 Question text If you sell a security at a loss and buy the same security back in 28 days, you have made Select one: a. a legal tax swap. b. a capital set-off. c. an illegal tax swap. d. a wash sale. Question 20 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text A portfolio that provides the highest return for a given level of risk, or which has the lowest risk for a given level of return, is known as Select one: a. a diversified portfolio b. a positively correlated portfolio c. an allocated portfolio d. an efficient portfolio