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:

BED

Binge Eating Disorder; a psychological disorder characterized by recurrent episodes of eating large quantities of food, often quickly and to the point of discomfort, followed by feelings of guilt or shame.

Domestic Violence

A pattern of abusive behavior in any relationship that is used by one partner to gain or maintain power and control over another intimate partner.

Gender Roles

Social and behavioral norms that are considered appropriate for individuals of a specific sex in the context of a particular culture.

Violent Tendencies

refers to inclinations or propensities toward aggressive or harmful behaviors.