QUESTION 7 What prompted the growth of money market funds? Stock prices were too

Question

QUESTION 7

What prompted the growth of money market funds?

Stock prices were too variable.

Stock mutual funds stopped accepting investors.

Hedge funds were unavailable.

Regulation Q capped bank interest rates.

1 points   

QUESTION 8

The total value of a mutual fund's stocks, bonds, and other assets minus any liabilities divided by the number of shares outstanding is the _____.

percent capital gain

net asset value (NAV)

maximum price allowed by law

method used to calulate 12b-1 fees

Stock prices were too variable.

Stock mutual funds stopped accepting investors.

Hedge funds were unavailable.

Regulation Q capped bank interest rates.

Explanation / Answer

q-7 )Regulation Q capped bank interest rates

q8 ) NAV is mutual fiund portfolio minus any liabilties divided by share outstanding .

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