The Price at Which Shares of an Open-End Mutual Fund

question 66

Multiple Choice

The price at which shares of an open-end mutual fund are issued and redeemed is based on the fund's _____.

• A) face value per share
• B) coupon rate
• C) net asset value per share
• D) current yield

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Definitions:

Sternberg's

Refers to theories developed by psychologist Robert Sternberg, especially his triangular theory of love or his theory of intelligence.

Triangular Theory

A theory of love proposed by psychologist Robert Sternberg, which suggests that love consists of three components: intimacy, passion, and commitment.

Commitment

The state or quality of being dedicated to a cause, activity, or person, often implying a long-term engagement or obligation.

Sternberg's

Refers to Robert Sternberg's triangular theory of love, which posits that love is comprised of three components: intimacy, passion, and commitment.