A Mutual Fund in Which New Shares Are Issued and Existing

question 29

Multiple Choice

A mutual fund in which new shares are issued and existing shares redeemed by the investment company at the request of investors is called a(n) ____________ fund.

• A) closed-end
• B) open-end
• C) load
• D) no-load
• E) convertible

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Definitions:

Pages

Refers to individual sheets or sides of paper in printed material or to the digital equivalent in software applications for document creation and viewing.

Arrange Tab

A feature in software applications that provides tools for adjusting the layout and organization of objects or elements within a document or interface.

Control Margins

Adjusting the blank spaces around the edges of a page in a document or publication to manage layout and readability.

Size/Space

Refers to the dimensions or amount of area something occupies or can hold, often used in the context of digital storage or physical layout.