Open-End Mutual Funds

question 101

Multiple Choice

Open-end mutual funds

• A)require that NAV consider the amount of discount or premium in the share value.
• B)calculate the NAV several time each day based on the total value of assets held divided by the number of fund shares outstanding.
• C)may experience fluctuations in the number of shares outstanding on a daily basis.
• D)issues shares that can be traded among investors without involving the fund itself.
• E)None of the options is correct.

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Comprehensive Theory

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Solution-Focused Therapist

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