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:

Equilibrium Price

The price at which the supply of an item matches its demand, ensuring that the market is in balance.

Excess Supply

A situation where the quantity of a good or service supplied surpasses the quantity demanded at a specific price.

Excess Demand

Excess demand occurs when the quantity demanded of a product or service at a given price exceeds the quantity supplied, often leading to a shortage.

Income

The money received, especially on a regular basis, for work or through investments.