INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.
-The NAV would indicate the price at which you could buy shares in a [load | no load] mutual fund.

Question

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement. 
-The NAV would indicate the price at which you could buy shares in a [load | no load] mutual fund.

Quizplus · Accepted Answer

The NAV (Net Asset Value) is the price at which you can buy shares in a no-load mutual fund, as no-load funds do not have additional sales charges.

INSTRUCTIONS: Choose the Word or Phrase in [ ] Which