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NEW QUESTION: 2
A company is considering issuing debt in a market environment in which there is a larger than normal spread between high- and low-risk investments. Among several factors, what are the concerns regarding investor behavior that the treasurer will MOST need to consider?
A. Availability of collateral
B. Flight to quality
C. Capital structure
D. Matching maturity
Answer: B
NEW QUESTION: 3
Which of the following may occasionally be purchased at a discount from net assets value?
A. no-load funds
B. open-end funds
C. closed-end funds
D. contractual plans
Answer: C
Explanation:
Explanation/Reference:
Explanation: closed-end funds. Mutual funds are purchased at NAV (when no-load) or NAV plus a sales charge. The pricing of closed-end funds is determined by market activity and has no direct link to NAV.
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