Which One of the Following Statements Is False Regarding Mutual

question 78

Multiple Choice

Which one of the following statements is false regarding mutual funds and the internet?

• A)Many investors have found a wealth of information about mutual fund investments on the internet.
• B)It is possible to obtain current market values for a mutual fund by using the internet.
• C)Most investment companies that sponsor mutual funds have a websites.
• D)Professional advisory services are prohibited from discussing mutual funds on their websites.
• E)The investment companies' website will provide procedures for opening an account,how much money is required to open an account,and statistical information about individual funds.

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Definitions:

Interest Expense

The cost incurred by an entity for borrowed funds, calculated as the principal times the interest rate over a period.

Residual Value

The estimated value that an asset will have at the end of its useful life, often used in calculating depreciation.

Capital Lease

A type of long-term lease agreement in which the lessee essentially buys an asset and pays for it over the lease term, with the asset's ownership potentially transferring to the lessee at the lease's end.

Bargain Purchase Option

A provision in a leasing contract permitting the lessee to buy the leased item for a price well below the anticipated market value once the lease period concludes.