Fcs 340 test 1 - Study guides, Class notes & Summaries

FCS 340 Test 1 Questions with Correct Answers Higher consumer prices are likely to be accompanied by interest rate. - ANSWER higher What is the definition of economics? - ANSWER Study of how wealth is created and distributed What is the Fed? - ANSWER Federal Reserves What is the main responsibility of the Fed? - ANSWER Regulate national money supply The "obtaining" component of financial planning is defined - ANSWER Foundation of financial planning, resources used for all financia...

FCS 340 Final Test Questions with Complete Solutions What is a closed-end mutual fund? What is an open-end mutual fund? - ANSWER 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? - ANSWER value of a mutual fund / at the end of every day What is a load fund? What is a no-load fund? - ANSWER Load- a mutual fund...

FCS 340 Final Test Questions with Complete Solutions What is a closed-end mutual fund? What is an open-end mutual fund? - ANSWER 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? - ANSWER value of a mutual fund / at the end of every day What is a load fund? What is a no-load fund? - ANSWER Load- a mutual fu...

FCS 340 Final Test Questions with Complete Solutions What is a closed-end mutual fund? What is an open-end mutual fund? - ANSWER 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? - ANSWER value of a mutual fund / at the end of every day What is a load fund? What is a no-load fund? - ANSWER ...

FCS 340 Test 1 | Actual Exam Questions | 100% Correct Answers | Verified 2024 Version Higher consumer prices are likely to be accompanied by _______ interest rate. - higher What is the definition of economics? - Study of how wealth is created and distributed What is the Fed? - Federal Reserves What is the main responsibility of the Fed? - Regulate national money supply The "obtaining" component of financial planning is defined - Foundation of financial planning, resources used for all ...

FCS 340 Final Test Questions with Complete Solutions What is a closed-end mutual fund? What is an open-end mutual fund? - ANSWER 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? - ANSWER value of a mutual fund / at the end of every day What is a load fund? What is a no-load fund? - ANSWER Load- a mutual fu...

FCS 340 Final Test Questions with Complete Solutions What is a closed-end mutual fund? What is an open-end mutual fund? - ANSWER 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? - ANSWER value of a mutual fund / at the end of every day What is a load fund? What is a no-load fund? - ANSWER Load- a mutual fund...

FCS 340 Final Test Questions with Complete Solutions What is a closed-end mutual fund? What is an open-end mutual fund? - ANSWER 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? - ANSWER value of a mutual fund / at the end of every day What is a load fund? What is a no-load fund? - ANSWER Load- a mutual fu...