Research a mutual fund or annuity and give the details of it as
an investment instrument. Calculate the percentage increase or
decrease over a period of time and determine if this would be a
good investment. Please type
2. An equity-indexed annuity and a variable annuity are both
similar and different in many respects.
a. Explain the major similarities between an equity-indexed
annuity and a variable annuity.
b. Identify the major differences between an equity-indexed
annuity and a variable annuity.
14. A(n) ____ is not an interest-bearing account.
a.
money market mutual fund
b.
money market deposit account
c.
NOW account
d.
asset management account
e.
regular checking account
15. Commercial banks are insured by the
a.
Financial Deposit Insurance Association.
b.
Federal Depositors Assurance Corporation.
c.
Federal Deposit Insurance Corporation.
d.
Financial Deposit Insurance Company.
e.
Federal Demand Deposit Corporation.
16. ____ is a benefit of using credit.
a.
The ability to buy expensive goods while spreading the payments...
The following information is available for three mutual
funds:
Mutual
r
Fund
E(r)
s
A
B
C
A
9.20%
29.00%
1
0.61
0.64
B
7.00%
27.00%
1
0.56
C
11.00%
40.00%
1
(a) Calculate the weights of a portfolio of mutual funds B and C
that has the same expected return
as mutual fund A.
(b) Does the portfolio of B and C dominate mutual fund A?
Perform the necessary calculations to
answer the question.
Suppose a person transfers $300 from their checking account to a
money market mutual fund. What happens to M1, M2, and reserves at
the person bank? it will go up, down, or stays the same?
8.You save $2000 a year into a 401(k) account that you invest in
a mutual fund earning 9% per year. You plan to retire in 35 years.
How much money will you have in your account at retirement?
Kevin deposits $1220.33 each quarter into an annuity account for
his child's college fund. He wishes to accumulate a future value of
$95,000 in 15 years. Assuming an APR of 3.4%, how much of the
$95,000 will Kevin ultimately deposit in the account, and how much
is interest earned? Round your answers to the nearest cent, if
necessary.
Deposit:_______
Interest Earned:_______