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Eveningstar Open-End Fund Has 1,000 Shares Outstanding and Has the Following

question 57

Multiple Choice

Eveningstar open-end fund has 1,000 shares outstanding and has the following assets in its portfolio: 100 shares of Procter & Gamble (P&G) priced at $30.00, 300 shares of Intel priced at $50.00 and 200 shares of Microsoft priced at $60.00. The Morningstar closed-end fund has the following stocks in its portfolio: 300 shares of P&G and 300 shares of Microsoft. It has a total of 500 shares outstanding. To what level should the price of Microsoft shares decline in order for the NAV of Morningstar fund to remain constant if the price of P&G rises to $40?

Understand the concept of adolescent egocentrism, including the personal fable and the imaginary audience.

Recognize the impact of cognitive development stages in adolescence, particularly the transition to formal operational thought as proposed by Piaget.

Identify the trends and implications of teenage pregnancy and STI rates, including societal and personal outcomes.

Acknowledge the psychological and social impacts of adolescent sexual activity, exploitation, and abuse.

Definitions:

Crowdfunding

A method of raising capital through the collective effort of friends, family, customers, and individual investors, primarily online via social media and crowdfunding platforms.

Venture Capital

Financing that investors provide to startup companies and small businesses with perceived long-term growth potential.

Computer Forensics

The practice of collecting, analyzing, and preserving computer-related evidence for legal purposes.