Which of the following are not types of open-end management investment companies?
I. Diversified fund
II. Hedge fund
IV. Balanced fund
a) I, II, III, IV
b) I, IV
c) II, III, IV
d) II, III
Hedge funds are extremely aggressive entities that engage in margin and short-selling. They are not investment companies, they are generally structured as a type of limited partnership. REMIC stands for Real Estate Mortgage Investment conduit; they invest in real estate and mortgages rather than securities. The other two choices are common types of mutual funds.
The correct answer is d. The value of a zero coupon bond is the present value of the lump-sum principal payment. There is ...
The correct answer is: b) Return on Assets = NI/Sales = Sales/Assets x NI/Sales
The correct answer is: A) Under the capitalized lease method, the lessee must treat the asset as if it was purchased with ...
The correct answer is: d) (I) is incorrect because if interest rates are expected to rise, banks will generally "increase" ...
A examination to ensure a candidate is qualified to become a ...
A person who prepares investigative reports on equity securities. ...
An exam required for individuals seeking to engage in off-exchange ...
One who provides financial advice or guidance to customers for ...
An exam offered by the Financial Industry Regulatory Authority ...
An exam given by the Financial Industry Regulatory Authority ...