A mutual fund has a fixed number of shares.

Name: A mutual fund has a fixed number of shares.
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Question

A mutual fund has a fixed number of shares.​

Quizplus · Accepted Answer

A mutual fund does not have a fixed number of shares, as the number of shares can change based on the amount of money invested in the fund. However, the total value of the fund's shares remains constant, as it is based on the value of the underlying securities in the fund's portfolio.

A Mutual Fund Has a Fixed Number of Shares.​

A Mutual Fund Has a Fixed Number of Shares.