Purchase shares of the fund

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Reference no: EM133005063

Question 1

Which type of fund does not have a secondary market and its investors directly purchase shares of the fund from the fund management company?

  1. An ETF 
  2. A close-ended mutual fund 
  3. A pension fund 
  4. An open-ended mutual fund 

Question 2

Price to sales ratio are used for start-up companies, NOT because these companies:

  1. Do not have stable COGS. 
  2.  Do not have stable D&A. 
  3. Do not have stable R&D. 
  4. Do not have positive profit.

Reference no: EM133005063

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