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:

Spoken Message

Information or communication conveyed through the medium of speech.

Encoding

The process of turning thoughts into communication, such as transforming ideas into spoken words or writing.

Decoding

The process of interpreting or making sense of a message or information, especially in communication or data analysis.

Receiver's Response

The reaction or feedback provided by the recipient of a message to the sender, indicating how the message was interpreted or the effect it had.