Which Type of Fund Structure Would Investment Managers Be Likely

question 20

Multiple Choice

Which type of fund structure would investment managers be likely to use in order to raise a specific amount of capital over a specific period of time?

• A)open-end fund
• B)closed-end fund
• C)finite fund
• D)liquidation fund

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Definitions:

Stockholders' Equity

The residual interest in the assets of a corporation that remains after deducting its liabilities; represents the ownership interest of shareholders.

Balance Sheet

A financial statement that displays a company's financial position at a specific point in time, showing assets, liabilities, and shareholders' equity.

Transactions

The actions carried out between two parties that result in the exchange of goods, services, or financial assets.

Treasury Stock

Shares that were once part of the outstanding shares of a company but were subsequently repurchased by the company and are held in its treasury.