At Issue, Offering Prices of Open-End Funds Will Often Be

question 71

Multiple Choice

At issue, offering prices of open-end funds will often be

• A)less than NAV due to loads and commissions.
• B)greater than NAV due to loads and commissions.
• C)less than NAV due to limited demand.
• D)greater than NAV due to excess demand.
• E)less than or greater than NAV with no apparent pattern.

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Definitions:

Malpractice

A failure by a professional person, like a doctor or lawyer, to provide services with the skill and care that is customary in their profession, resulting in harm to the client or patient.