The Price at Which an Open-End Investment Fund Stands Ready

question 31

Multiple Choice

The price at which an open-end investment fund stands ready to redeem existing shares is the

• A)strike price.
• B)face value.
• C)book value.
• D)net asset value.
• E)net worth.

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Definitions:

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The pursuit of experiences and feelings that are varied, novel, complex, and intense, as a way to satisfy a personal need for excitement and adventure.

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Natural Selection

The mechanism that drives biological evolution. It refers to the greater likelihood of successful reproduction for organisms whose attributes are advantageous in a given environment.

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The activity of observing television programs for entertainment, information, or educational purposes.