You must show all your computations to receive credit for your answer Do not provide your answer on a PDF document (Provide solution on this paper) Differentiate between

You must show all your computations  to receive credit for your answer

Do not provide your  answer on a PDF document (Provide solution on this paper)

  1. Differentiate between open-and closed-end funds, as well as exchange-traded funds, and discuss the various types of fund loads and charges. 
  2. Explain the difference between term and cash value life insurance.  Discuss the difference between the following cash value life insurance types: ordinary, variable, and universal. 
  3. Briefly explain the following estate planning tools:
    1. Will
    2. Living Will
    3. Power of Attorney (financial and medical)
  4.  Differentiate between a Deductible IRA and a Roth IRA.  Provide examples to substantiate why individuals/couples would choose either. 

 

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Answer:

  • ******** funds *** ****** funds in ***** *** shares *** ****** *** **** ** ****** ** their net ******* ***** (NPV) or the *** ***** ***** ***** ** ** ***** ** the value ** *** mutual fund's underlying ******** *** ** ******** ********** at *** *** of each trading *** as *** ********* ******** the ****** ******** **** *** fund ** ***** terms ** ******** ****** fund ** **** * **** ********** ***** **** ******* investors *** ******* the money ** ***** ********** *********** ****** and ***** **********
    Attached: FINC 321 - EXAM 1.docx

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