Examlex

Solved

You Are Working with a Child on Teaching Swimming

question 4

Multiple Choice

You are working with a child on teaching swimming.  You teach the child to do the front crawl.  After a few weeks of teaching, the child is doing both the front crawl and also starts doing the breast stroke.  What has occurred?


Definitions:

Indexed Funds

Mutual funds or exchange-traded funds (ETFs) that aim to replicate the performance of a specific index by investing in the stocks or securities that compose that index.

Bid-ask Spread

The difference between the highest price that buyers are willing to pay for an asset (bid) and the lowest price that sellers are willing to accept (ask).

Broker Fee

Fees charged by a broker for the services they provide, such as executing trades or providing investment advice.

NAV

Net Asset Value; the per share market value of a fund's assets minus its liabilities.

Related Questions