Examlex
Which of the following is NOT a benefit to an individual purchasing a mutual fund?
Book Value
The net value of an asset calculated as the original cost minus depreciation, amortization, or impairment costs.
Cash Dividends
Payments made by a company out of its profits to its shareholders, typically in the form of cash.
Preferred Shares
A class of ownership in a corporation that has a higher claim on assets and earnings than common shares, usually with fixed dividends.
Incorporation Date
The specific date on which a legal entity was legally created or incorporated, officially beginning its existence as a corporate body.
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