Mutual gains - Samenvattingen, Aantekeningen en Examens

Q. When can a bank trustee sell or purchase assets from a trust where it serves in a fiduciary capacity? A. When the trustee desires to relieve itself from such liability with the approval of the board B. When the trust sells property to any non-officer of the bank, if the trust committee deems the price reasonable C. When the trust purchases stock or obligations of the bank, if the bank or its holding company is listed on a recognized stock exchange D. When the trust sells assets in one a...

Investments Exam #2: Chapters: 4 and 5 Exam Questions With Verified Answers An open-end fund has a net asset value of $10.70 per share. It is sold with a front-end load of 6%. What is the offering price? - answer$11.38 Offering price= NAV / (1-load) NAV= 10.70 Load= 6% 10.70 / (1-0.06) = 11.38 If the offering price of an open-end fund is $12.30 per share and the fund is sold with a front-end load of 5%, what is its net asset value? - answer$11.69 offering price= NAV / (1-load) 12.30=...

CRPC YOU GOT THIS STUDY CARDS - MEMORIZE AND BE FAMILIAR WITH THESE AND YOU GOT THIS. FRIGGEN 110% PASSING SCORE. Which one of the following is a requirement or rule related to the Section 121 exclusion? The taxpayer must have owned and lived in the home five years before the sale. Capital gains on the sale may be excluded for up to $500,000 for all taxpayers. The exclusion may not be used more than once within a two-year period unless an exception applies. - CORRECT ANSWER T...

Dollar cost averaging plans have which of the following features? I. They are voluntary plans. II. They entail purchasing the same number of shares each period. III. Investors are penalized for missing subsequent investment periods. IV. The investor's personal share cost will be lower than the share price over the period. correct answers I & IV On April 25, a customer buys 100 XYZ at 62.25 and, on the next day, buys one XYZ July 60 put at 1.50. At expiration, XYZ is selling at 68.38. The cus...

Tangible correct answers The price or terms of a negotiation. Intangibles correct answers The underlying psychological motivations that may directly or indirectly influence the parties during a negotiation. Negotiation correct answers Decision-making situations in which two or more interdependent parties attempt to reach agreement. Characteristics of a Negotiation Situation correct answers 1. There are two or more parties. 2. There is a conflict of needs or desires between the parties ...

SIE Mastery Exam Practice Questions With Accurate Answers. Which of the following investments typically carries significant liquidity risk? A) T-bills B) Limited partnership C) Listed equities D) Mutual funds - answerB) Limited partnership Limited partnerships are not freely transferable and have no established secondary market. With an LP, assume you will own it through the life of the program. All the others listed have active secondary markets and are very liquid. Diversifying a por...

Cash flow analysis - The IRS will generally consider a direct participation program to be an abusive tax shelter unless the program can show a profit motive. A popular method of measuring the economic viability of a DPP is $15 million @8% due in 10 years, callable at 101 - DERF Corporation has a significant amount of cash on hand. The chief financial officer (CFO) has suggested to the chief executive officer (CEO) that it might be wise to pay off $10 million of the company's outstand...

What type of fund can issue more than one type of security? - correct answerClosed-end funds. They can issue common & preferred stock, and bonds. Open-end can only issue redeemable common stock. What are some key features of the Securities Exchange Act of 1934? - correct answer(The People Act) it requires registration of people and exchanges transacting securities business in order to prevent manipulative and deceptive practices. The Act of 1934 also created the SEC and mandated the creation ...

Border Security Questions and Answers Graded A+ The ________ established the border between the United States and Mexico following the U.S.- Mexican War (). Treaty of Guadalupe-Hidalgo _________ are established by international treaty as borderless regions, open to the use by all for the benefit of all Antarctica and the Moon A formal agreement between two or more nation states to bring about peace, an alliance, or to regulate commerce is formally known as a ______. treaty The ...

3 key elements invt strategy ~~> identifiable goal, a method to attain a goal, the competencies and resources to sustain the strategy What is the difference between investment strategy and investment policy? ~~> investment policy sets forth the financial goals of the client, investment strategy is the way9s0 to attaining those goals What is the buy-and-hold strategy ~~> as the name implies. the strategy involves purchasing securities and then patiently keeping those sec...