Open-End Investment Companies

question 12

Multiple Choice

Open-end investment companies

• A)have a fixed number of shares
• B)issue new stock whenever investors buy shares
• C)may sell for a discount from net asset value
• D)redeem shares at the investor's cost

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Definitions:

Utility Software

Utility software is a type of system software designed to help analyze, configure, optimize or maintain a computer, performing specific tasks such as disk management, virus scanning, or data backup.

Blackboard

Blackboard is an educational technology company known for its learning management system (LMS), which institutions use to deliver online education and enhance classroom-based teaching.

Software as a Service (SaaS)

A software distribution model in which applications are hosted by a vendor or service provider and made available to customers over the internet.

Online Applications

Software or services accessed via the internet, allowing users to perform specific functions or tasks in a web-based environment without downloading standalone software.