Which of the Following Is an Advantage to Investors of an Open-End

question 36

Multiple Choice

Which of the following is an advantage to investors of an open-end mutual fund?

• A) Once all the shares have been sold, the investor does not have to put in more money.
• B) The investors can sell their shares in the over-the-counter market with low transaction fees.
• C) The fund agrees to redeem shares at any time.
• D) The market value of the fund's shares may be higher than the value of the assets held by the fund.

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Definitions:

Souvenir Shop

A retail establishment specializing in the sale of goods and memorabilia indicative of a particular location or event, aimed primarily at tourists.

Injuries

Physical or emotional harm or damage sustained by an individual, often due to accidents or actions of others.

Investment Firm

A company or entity that specializes in making investments on behalf of its clients and gives advice on financial securities.

Government Bonds

Debt securities issued by a government to finance its expenditures, offering a fixed or variable interest rate to investors.