The Shares of a No Load Fund​

question 20

Multiple Choice

The shares of a no load fund​

• A) ​sell for a discount from the fund's net asset value
• B) are purchased through the secondary markets​
• C) sell for the fund's net asset value​
• D) sell for a premium over the fund's net asset value​

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Definitions:

Maintain Disciplined Attention

The practice of persistently focusing one's mental energy and efforts on specific tasks or objectives.

Pivotal

Describes something of crucial importance in relation to the development or success of something else.

Necessary Change

Essential alterations or adjustments required within a process, organization, or system for improvement or adaptation to new conditions.

Adaptive Leadership Behavior

The capacity of a leader to recognize change in their environment and respond effectively.