When You Decide to Redeem Shares in an Open-End Mutual

question 81

True/False

When you decide to redeem shares in an open-end mutual fund, the only option is to sell a specific number of shares.

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Definitions:

Consequential stranger

An individual who is not a friend or family member but has a significant impact on one's life through brief or indirect interactions.

Bourgeoisie

Owners; the class of modern capitalists who own the means of production and employ wage laborers.

Primary group

A small, tightly-knit social group characterized by long-term, intimate, and face-to-face relationships, such as family or close friends.

Primary group

A small social group characterized by close, personal, and enduring relationships, such as those between family members and close friends.