a. Describe the following: front-end load, back-end load, level load, 12b-1 fee, management fee. b. Why do mutual funds have different classes of shares? c. What are the advantages of an ETF relative to open-end and closed-end investment companies?

In an open economy the demand for money

Select one:

a. increases because foreigners hold money to buy domestic assets.

b. decreases because foreigners hold domestic currency in their countries.

c. is no different than in a closed economy.

d. doesn't change unless the world interest rate changes.

Explain why government budget deficits crowd out private investment spending in a closed

economy but crowd out net exports in a small open economy. Assume that prices are flexible

and that factors of production are fully employed in both economies. Assume that there is

perfect capital mobility for the small open economy.

(8pts)Consider the following vector field F and closed oriented curve C in the plane

a. compute the circulation and interpret the result

b. compute the flux of the vector field F across C

F = <y,-2x>/sqrt(4x^2+y^2)

r(t) = <2cost,4sint>

1) How do open ended funds differ from closed ended funds?

2) If you buy a mutual fund are you diversified as they own many different securities?

3) What's the difference between an equity REIT and a mortgage REIT? Are they both equally good as an inflation hedge?

a. Derive the expression for the capacitance of a parallel plate having two dielectric
field.

b. Write a short note on the magnetization of the following magnetic material?
i. Diamagnetic
ii. Paramagnetic
iii. Ferromagnetic

c. Derive the expression for torque developed in a rectangular closed circuit current (I) in a
uniform field?

At equilibrium potential for potassium:

a) The NA+/K+ pump is pumping out of the cell?

b) Leak channels for potassium are closed?

c) There is no current measured ?

d) There an un-equal amounts of potassium ions moving across the membrane depending on the concentration difference?

e) There is no potassium ions moving across the membrane?

The beginning inventory in Year 2 is under by 3000 and in Year 3 under by 2000. The purchases in Year 2 are over by 4000, and the purchases in Year 3 are also over by 4000. You find these errors in Year 3 after the books of the previous years have closed. What's the correcting entry

Net revenues at an older manufacturing plant will be $2 million this year. The net revenue will decrease by 15% per year for 5 years, when the assembly plant will be closed (at the end of year 6). If the firm's interest rate is 10%, calculate the PW of the revenue stream. Use excel functions and a table.