Mutual Funds in Which a Fixed Number of Nonredeemable Shares

question 56

Multiple Choice

Mutual funds in which a fixed number of nonredeemable shares are sold at an initial offering and are then traded in the over-the-counter market,like shares of common stock,are called

• A)open-end funds.
• B)close-end funds.
• C)OTC funds.
• D)primary-issue funds.

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Definitions:

Relative Area

A term that describes the proportion or percentage of a specific area with respect to a larger reference area, often used in analytical techniques.

Multiplicity

In NMR spectroscopy, multiplicity indicates the number of nearby nonequivalent hydrogen atoms influencing a given hydrogen atom's resonance, revealing its splitting pattern.

Relative Ratio

A term used to describe the proportional relationship between quantities or concentrations of substances.

Peak

A term often used in spectroscopy and chromatography to describe the highest point in a graph representing the presence or concentration of a substance.