Investment companies can inflate the percentage of funds that outperformed their benchmark by
A) including unrealized capital gains.
B) closing funds that underperformed their benchmark.
C) using a different fiscal year than the benchmark.
D) assuming that investors automatically add to their holdings.
Answer: B
Business
You might also like to view...
When a closely held corporation issues preferred stock for land, the land should be recorded at the
a. total par value of the stock issued. b. total book value of the stock issued. c. total liquidating value of the stock issued. d. fair value of the land.
Business
What settlement option is designed to pay out a specified amount of income at regular intervals over an unspecified period of time?
A) Life income option B) Fixed-period option C) Fixed-amount option D) Interest-only option"
Business