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NEW QUESTION: 1
An investment adviser
I. provides investment advice to clients.
II. sells securities to clients.
III. buys and sells securities in their clients' accounts for the clients.
A. I, II, and III.
B. I and II only.
C. I only.
D. I and III only.
Answer: D
Explanation:
An investment adviser provides investment advice to clients and may also buy and sell
securities in their clients' accounts for the clients. He does not, however, sell securities to his clients.

NEW QUESTION: 2
Bei der Identifizierung von Stakeholdern werden alle vom Projekt betroffenen Personen oder Organisationen identifiziert und relevante Informationen zu ihren Interessen, ihrer Beteiligung an und ihrer Auswirkung auf das Projekt dokumentiert:
A. Frist.
B. Erfolg.
C. Manager.
D. Umfang.
Answer: B

NEW QUESTION: 3
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. $15 a share.
D. $47 a share.
Answer: D
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.