The net asset value (NAV) per share of a mutual fund is determined by the market value of securities owned minus liabilities divided by the number of mutual fund shares outstanding.
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Q2: The price per share for a closed-end
Q3: In most cases, the fees charged by
Q4: There is no limit on the number
Q5: Two advantages of investing in mutual funds
Q6: Closed-end mutual funds have a limited number
Q7: A mutual fund is a diversified portfolio
Q8: Of the management, advertising, and administrative fees
Q9: In general, it is prudent to purchase
Q10: While not all mutual funds have loads
Q11: Mutual funds pool money from investors to
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