With Respect to Mutual Funds,late Trading Refers to the Practice

question 68

Multiple Choice

With respect to mutual funds,late trading refers to the practice of ________.

• A) trading after the close of U.S. markets but before overseas markets have closed
• B) trading after the close of overseas markets, but before U.S. markets have closed
• C) accepting buy or sell orders after the market closes and NAV has already been determined for the day
• D) paying capital gains distributions to certain investors only after paying privileged investors first

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Definitions:

Shaping

A method in behavioral psychology where successive approximations of a desired behavior are reinforced to teach a new behavior or skill.

Praises

Expressions of approval or admiration, often used to encourage or positively reinforce certain behaviors or achievements.

Generalization

In conditioning, the tendency for a CR to be evoked by stimuli that are similar to the stimulus to which the response was conditioned.

Pavlov's Experiment

A landmark study in behavioral psychology that demonstrated how dogs could be conditioned to salivate at the sound of a bell, associating it with food.