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Assigned 15,16

Assigned 15,16 - issued 1,600,000 shares What is the...

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Assignments Chapter 15-16 1. Chapter 15 - Bonds a. Assume that you purchase a $1,000 corporate bond that pays 9 ¼% interest. What is the amount of interest that you receive each year? b. If a bond was quoted in the newspaper at 91, the price in dollars is what? 2. Chapter 16 – Investing in Mutual Funds a. The ING Mutual Fund’s portfolio is valued at $45 million. The fund has liabilities of $3 million, and the investment company sponsoring the fund has
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Unformatted text preview: issued 1,600,000 shares. What is the fund’s net asset value? b. Define the five types of mutual funds:-Growth-income-Income-Sector-Small-cap-Money-market c. When looking at a newspaper quote how do you know if a mutual fund has a redemption charge? What is a redemption charge?...
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