Fcs 340 Study guides, Class notes & Summaries

What is a closed-end mutual fund? What is an open-end mutual fund? - Closed- shares issued by an investment company only when fund is organized Open- shares issued and redeemed by the investment company at the request of investors What is the net asset value? When is the net asset value calculates? - value of a mutual fund / at the end of every day What is a load fund? What is a no-load fund? - Load- a mutual fund where investors pay commission every time they buy shares No-load- individ...

FCS 340 Exam 2 | Actual Exam Questions | 100% Correct Answers | Verified 2024 Version

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FCS 340 FINAL TEST QUESTIONS AND ANSWERS 2024

FCS 340 Test 1 Questions and Verified Answers (2024 / 2025)/ A+ GRADE 1. Higher consumer prices are likely to be accompanied by interest rate. ANS higher 2. What is the definition of economics? ANS Study of how wealth is created and distributed 3. What is the Fed? ANS Federal Reserves 4. What is the main responsibility of the Fed? ANS Regulate national money supply 5. The "obtaining" component of financial planning is defined ANS Foundation of financial planning, resources used for a...

FCS 340 EXAM 3 QUESTIONS AND ANSWERS 2024

Which of the following is not identified as a purpose of the book? - Teach you to accumulate wealth. The authors suggested four answers to the question, "Why should I learn about family finance?" Which is not one of the four reasons? - Community: Becoming a stronger citizen and member of your community. The second important question the authors suggested you ponder: "What are the profound principles upon which the stewardship perspective is based?" Which is not one of the four stewardsh...

FCS 340 Test 1 | Actual Exam Questions | 100% Correct Answers | Verified 2024 Version

FCS 340 Exam 3-with 100% verified solutions 2024

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