5-79 Which of the Following Is the Practice That Involves

question 76

Multiple Choice

5-79 Which of the following is the practice that involves short-term trading of mutual funds seeking to take advantage of short- term discrepancies between the price of a mutual fund's shares and out-of-date values on the securities in the fund's portfolio?

• A)Market timing.
• B)Insider trading.
• C)Late trading.
• D)Directed brokerage.
• E)Spinning.

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Definitions:

Imports

Goods or services brought into one country from another for sale.

Quota

A set limit or target, often in the contexts of sales or production, that a person or organization is expected to achieve.

Metric Tons

A unit of mass equivalent to 1,000 kilograms or approximately 2,204.6 pounds.

Trade Imbalance

A situation where a country's imports exceed its exports or vice versa, affecting the national economy's balance of payments.