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How Is the Price Per Share for Open-End Mutual Funds

question 81

Essay

How is the price per share for open-end mutual funds determined?


Definitions:

Accounting

A systematic process of recording, summarizing, and reporting the financial transactions of a business.

Cash Flow

The net amount of cash and cash-equivalents being transferred in and out of a business, crucial for its liquidity, solvency, and financial flexibility.

Language Of Finance

The specific jargon, terms, and concepts used in the finance industry to communicate financial information and decisions.

Proprietor Form

A business structure owned by a single individual, where the owner and the business are legally the same entity.

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