It is not important to have a secondary market for mutual funds because:
A)investors hold the securities till maturity.
B)investors trade between themselves.
C)investors sell their shares back to the company.
D)banks will cash their shares as long as they have accounts at the bank.

Question

Quizplus · Accepted Answer

Mutual fund investors can sell their shares back to the mutual fund company at the current net asset value, eliminating the need for a secondary market.

It Is Not Important to Have a Secondary Market for Mutual