Actually, the Term Mutual Fund Applies Specifically to Open-End Investment

question 48

True/False

Actually, the term mutual fund applies specifically to open-end investment companies, although closed-end funds are sometimes loosely labeled as mutual funds as well.

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Definitions:

Double Bond

A chemical bond between two chemical elements involving four bonding electrons instead of the usual two.

Major Product

The main substance produced in the greatest quantity from a chemical reaction.

Stereoisomeric Forms

Different forms of a compound that have the same structural formula but different arrangements of atoms in space.

Allylic Bromides

Organic compounds containing a bromine atom bonded to an allylic position, which is one carbon away from a double bond in a hydrocarbon chain.