A Mutual Fund in Which New Shares Are Issued and Redeemed

question 6

Multiple Choice

A mutual fund in which new shares are issued and redeemed by the investment company at the request of investors is called a(n) ____________ fund.

• A)closed-end
• B)no-load
• C)load
• D)open-end
• E)convertible

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Definitions:

Unpaid News

News content or coverage that is not financially sponsored or paid for, often seen as more genuine or unbiased compared to sponsored content.

Media

Channels or tools used to store and deliver information or data, including print, digital, and broadcast.

Specialty Spice Shop

A retail store dedicated to selling a wide range of spices, often including exotic or hard-to-find varieties.

Potential Customers

Individuals or entities that are likely to be interested in an organization's products or services but have not yet made a purchase.