Which of the Following Observations Is True of Open-End Mutual

question 105

Multiple Choice

Which of the following observations is true of open-end mutual funds?

• A)They have a fixed number of shares outstanding.
• B)The value of shares changes with the demand for the fund by investors.
• C)Investors buy and sell shares on a stock exchange.
• D)The demand for shares determines the number outstanding.

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Definitions:

Obscurity

Denotes a state of being unknown, unclear, or difficult to understand, often resulting from lack of visibility or clarity.

Haphazardness

The quality of lacking any obvious principle of organization, resulting in randomness or disorder.

Communication Channels

The mediums through which information and messages are transmitted within an organization, including verbal, nonverbal, written, and digital forms.

Face-to-Face Meetings

Direct interactions between individuals or groups, in the same physical location, intended for communication or decision-making purposes.