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

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Definitions:

Psychological Testing

The use of formal tests to evaluate an individual's mental functions and behaviors, often used in the hiring process to assess potential employees.

Structured Interview

A selection interview that consists of a predetermined set of questions for the interviewer to ask.

Compensation Systems

Arrangements or methods used by organizations to pay and reward employees for their work.

Empowerment

The process of giving people more control over their lives or the situation they are in, often by delegating power or offering resources and support.