Which One of the Following Is Not a Withdrawal Option

question 141

Multiple Choice

Which one of the following is not a withdrawal option for a mutual fund owner,who has a minimum NAV of $5,000?

• A)Withdrawing a specified,fixed dollar amount each investment period
• B)Liquidating,or "selling off" a certain number of shares each investment period
• C)Withdrawing a fixed percentage of asset growth
• D)Withdrawing all asset growth earned during an investment period
• E)Withdrawing a stated amount and treating it as a short-term loan

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Definitions:

Creditworthiness

The assessment of a borrower's ability to repay loans based on their financial history, including factors like income, debt levels, and credit score.

Asset Portfolio

A diversified collection of investments held by an individual or institution, which can include stocks, bonds, real estate, and other financial assets.

Financial Crisis

A situation where the value of financial institutions or assets drops rapidly, leading to widespread economic disruption and potential government intervention.

Checkable Deposits

Bank account balances that can be withdrawn using checks, debit cards, or electronic transfers without restrictions.