Open-End Mutual Fund Shares Have Good Liquidity Because

question 93

Multiple Choice

Open-end mutual fund shares have good liquidity because

• A)they act very much like a bank account.
• B)the fund company will buy back the shares whenever requested.
• C)there are no redemption fees.
• D)you can always find another investor willing to purchase your shares.

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Definitions:

Microglial Cell

A type of glial cell located throughout the brain and spinal cord, which acts as the first and main form of active immune defense in the central nervous system.

Ependymal Cell

Glial cell that makes and secretes cerebrospinal fluid (CSF); found on the walls of the brain’s ventricles.

Oligodendroglial Cell

A type of glial cell in the central nervous system responsible for the formation and maintenance of myelin sheaths around neurons.

Schwann Cell

A type of glial cell located in the peripheral nervous system that wraps around nerve fibers, forming the myelin sheath which speeds up electrical impulses.