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:

Inequality

A situation or condition where resources, opportunities, and rights are distributed unevenly among members of a society.

Discriminatory Practices

Actions or policies that unjustly differentiate among people based on age, race, gender, or other protected characteristics.

Race

A social construct categorizing people based on physical characteristics, ancestry, or historical affiliation, often associated with variations in societal treatment.

Sexual Orientation

Sexual Orientation refers to a person's emotional, romantic, or sexual attraction to individuals of a specific gender, multiple genders, or none, often categorized as heterosexual, homosexual, bisexual, asexual, among others.