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Question
The price of a mutual fund share isa. the total value of mutual fund shares divided by the number of corporate shares held.
b. the net asset value or the number of shares issued divided by the number of corporate shares owned.
c. the net asset value or the value of assets divided by shares issued.
d. the net asset value or the number of shares of corporate stock held divided into the total value of the stock portfolio.
Answer
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Related questions
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In recent years, know-your-clients (KYC) is required by international financial regulators. In the U.S., what is the act that requires financial institutions to share information about customer identities with appropriate government agencies?
a. The USA Patriot Act
b. The Sarbanes-Oxley Act
c. The 9/11 Act
d. The U.S. Treasury Department Act
e. The Gramm-Leach-Bliley Act
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A state-chartered bank which is not a member of the Federal Reserve System will
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a. FDIC
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a. the banks will be upset with FDIC.
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c. the moral hazard associated with deposit insurance is still present.
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If bank managers lobby to maintain America's traditional "dual banking" structure, they:
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The presence of moral hazard incentives
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Moral hazard incentives for undesirable manager behavior may have been created by
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Financial institutions are regulated for the following reason(s):
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The maximum amount of FDIC deposit insurance per eligible retirement account is
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Bank capital is the most reliable cushion that prevents a decline in asset values from threatening the integrity of bank deposits.
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Bailout of large banks by federal regulators is an example of market discipline.
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Banks are regulated in part to protect the nation's money supply, much of which is a liability of the banking industry.
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A "too big to fail" policy encourages small banks to take higher risks.
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The Office of the Comptroller of the Currency (OCC) is the oldest bank regulatory agency.
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A foreign branch office of a U.S. bank is regulated by
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b. the host country bank regulation.
c. the FDIC.
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Which of the following is associated with the currency risk of international lending by a U.S. bank?
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Which of the following forms of international banking organization was intended to bring offshore, shell banking back to the U. S.?
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Most large international loans are funded in the Eurocurrency market.
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If a hedge fund manager focused on short-selling of stocks, he/she would
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c. borrow money to invest in stocks.
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Q:
Which of the following is not the difference between hedge funds and mutual funds?
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Hedge funds would provide investor portfolio diversification benefits if:
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b. the hedge fund and the portfolio are investing in the same things.
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d. the hedge fund portfolio includes none of the investments of the investor's portfolio.
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Which of the following mutual fund types is likely to have the highest risk exposure?
a. growth and income funds
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c. balanced funds
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Q:
Mutual fund managers can keep their cash balances low by all but one of the following:
a. maintaining lines of credit at commercial banks
b. increasing redemption fees
c. working to maintain low NAV
d. redeeming shares with stock