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

FCS 340 Exam 100% Verified FCS 340 Exam 100% Verified FCS 340 Exam 100% Verified FCS 340 Exam 100% Verified FCS 340 Exam 100% Verified FCS 340 Exam 100% Verified FCS 340 Exam 100% Verified FCS 340 Exam 100% Verified FCS 340 Exam 100% Verified FCS 340 Exam 100% Verified FCS 340 Exam 100% Verified FCS 340 Exam 100% Verified FCS 340 Exam 100% Verified FCS 340 Exam 100% Verified FCS 340 Exam 100% Verified FCS 340 Exam 100% Verified FCS 340 Exam 100% Verified FCS 340 Exam 100% Verified FCS 340 Exam 1...

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 Exam 3-with 100% verified solutions 2024

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

FCS 340 Exam 3 Questions with Correct Answers Traditional financial guidelines suggest that your home should cost about __________ times your annual income - ANSWER 20-30% List advantages and disadvantages of renting - ANSWER Advantages: Easy to move, financial benefits, lifestyle flexibility Disadvantages: No tax benefit, limitations on remodeling, restrictions on pets The opportunity to have another person take over rent payments and live in the rental unit is calle...

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 ...

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If you lose your debit card and notify your financial institution within two days, how much are you potentially liable for? - Anywhere between $50 to $500 When you select a financial services provider, what are major factors to consider? - Convenience; Service; Interest rates (borrowing); Fees What type of financial services does a credit card company provide - Short-term lending What type of financial services does a investment company provide - Mutual funds, money market funds What type...