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NEW QUESTION: 1
The URMoney Mutual fund, a no load fund, has 10 million shares outstanding. The market value of its assets is $620 million and its liabilities are $150. Based on this information, an investor who wants to buy shares of the fund will pay:
A. This cannot be answered without knowing what, if any, the front-end load is.
B. $62 a share.
C. $47 a share.
D. $15 a share.
Answer: C
Explanation:
Explanation/Reference:
Explanation: Based on the information provided, an investor who wants to buy shares of the URMoney Mutual Fund will pay $47 a share. Since the fund is a no load fund, the shares can be purchased at the net asset value per share of the fund. Net asset value per share (NAVPS) = (market value of fund's assets - fund liabilities) ÷ total number of share outstanding, so NAVPS = ($620 million - $150 million) ÷ 10 million shares = $47.
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C. Users can access a network through 802.1X authentication, and can be authenticated through RADIUS authentication.
D. A user cannot be authenticated by both RADIUS authentication and HWTACACS authentication.
Answer: D
NEW QUESTION: 3
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