If You Place an Order to Buy or Sell a Share

question 41

Multiple Choice

If you place an order to buy or sell a share of a mutual fund during the trading day, the order will be executed at ________.

• A) the NAV calculated at the market close at 4 pm New York time
• B) the real time NAV
• C) the NAV delayed 15 minutes
• D) the NAV calculated at the opening of the next day's trading

---

Definitions:

Polyandrous Bee Species

Bees species in which females mate with multiple males during their lifespan, enhancing genetic diversity in offspring.

Female Defense Polygyny

A mating system in which males directly defend multiple females to ensure exclusive mating rights with them.

Plains Zebras

A common species of zebra characterized by its social structure and broad, bold stripes, differing from other zebra species in habitat and social behavior.

Harem

A social structure in some species where one male mates with multiple females, excluding other males from mating with them.