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NEW QUESTION: 1
Management fees for open-end mutual funds tend to be
A. about 1 to 1.5% of NAV. The management fees tend to be larger for large funds than for small funds because of the quickly increasing bureaucratic costs associated with larger funds. This has encouraged the existence of thousands of small mutual funds.
B. about 1 to 2% of net asset value (NAV). The management fees are on a sliding percentage scale that increases with the size of the fund.
C. about 0.5 to 1.5% of NAV. The management fees tend to be larger for large funds than for small funds because of the quickly increasing bureaucratic costs associated with larger funds. This has encouraged the existence of thousands of small mutual funds.
D. about 0.25 to 1% of NAV. The management fees are on a sliding percentage scale that decline with the size of the fund.
E. about 0.4 to 1.2% of NAV. The management fees tend to be smaller for large funds than for small funds because of the substantial economies of scale that exist in managing financial assets.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Most management fees decline with the size of a fund. For example, a fund with assets of $500 million might charge management fees of 1%, a fund with assets of $1 billion might charge 0.75%, and a fund with assets of $6 billion might charge 0.25%.
NEW QUESTION: 2
Which two class definitions fail to compile?
A. Option E
B. Option C
C. Option A
D. Option D
E. Option B
Answer: B,D
Explanation:
There is no class such as "final abstract..." and "protected static final int i" variable i must be initialized.
NEW QUESTION: 3
Review the following network diagram and table.
Of the various activities, which ones would you crash and in what order?
A. A, B, E, and F
B. A, B, D, and F
C. A, C, E, and F
D. C, A, F, and G
Answer: D
Explanation:
Explanation/Reference:
Explanation:
First, it is necessary to determine the critical path, which is A, C, F, and G. To determine the lowest weekly crashing cost, start with C at $1,500 per week. The next activity is A, followed by F and G.
