At the start of 2014, one share of Berkshire Hathaway's A-shares was trading at over $150,000. ________ in an mutual fund gives a small investor access to these shares
A) Liquidity intermediation
B) Denomination intermediation
C) Diversification
D) Managerial expertise
B
Business
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Services such as Nielsen Media Research that validate audience data are a type of
A) tax accounting firm. B) quasi-governmental agency. C) advertising agency. D) public relations agency. E) audit bureau.
Business
Given the following cash flows, what is the future value at year ten when compounded at an interest rate of 12.0%?
Year 0 1 5 10 Cash Flow $4,000 $3,000 $2,000 $1,000 A) $10,000.00 B) $25,267.31 C) $31,864.17 D) $11,948.32
Business