please answer these two fast correctly 29.Which of the following is a false statement regarding open-end mutual funds? They redeem shares at their net asset value. They offer investors a guaranteed rate of return. They offer investors a well-diversified portfolio. They offer low-cost diversification. 30. Semitool Corp. has an expected excess return of 6% for next year. However, for every unexpected 1% change in the market, Semitool's return responds by a factor of 1.2. Suppose it turns out that the economy and the stock market do better than expected by 1.5% and Semitool's products experience more rapid growth than anticipated, pushing up the stock price by another 1%. Based on this information, what was Semitool's actual excess return? 8.5% 9.25% 8.8% 7%
please answer these two fast correctly 29.Which of the following is a false statement regarding open-end mutual funds? They redeem shares at their net asset value. They offer investors a guaranteed rate of return. They offer investors a well-diversified portfolio. They offer low-cost diversification. 30. Semitool Corp. has an expected excess return of 6% for next year. However, for every unexpected 1% change in the market, Semitool's return responds by a factor of 1.2. Suppose it turns out that the economy and the stock market do better than expected by 1.5% and Semitool's products experience more rapid growth than anticipated, pushing up the stock price by another 1%. Based on this information, what was Semitool's actual excess return? 8.5% 9.25% 8.8% 7%
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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please answer these two fast correctly
29.Which of the following is a false statement regarding open-end mutual funds?
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They redeem shares at their net asset value.
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They offer investors a guaranteed
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They offer investors a well-diversified portfolio.
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They offer low-cost diversification.
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30. Semitool Corp. has an expected excess return of 6% for next year. However, for every unexpected 1% change in the market, Semitool's return responds by a factor of 1.2. Suppose it turns out that the economy and the stock market do better than expected by 1.5% and Semitool's products experience more rapid growth than anticipated, pushing up the stock price by another 1%. Based on this information, what was Semitool's actual excess return?
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8.5%
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9.25%
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8.8%
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7%
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