Income earned by a mutual fund is
A) distributed
B) retained
C) reinvested
D) retained and reinvested
Correct Answer:
Verified
Q21: Realized returns by mutual funds
A) tend to
Q22: Advantages of investing in mutual funds include
A)
Q23: An index fund seeks to outperform a
Q24: The net asset value of a mutual
Q25: The shares of mutual funds are bought
A)
Q27: Purchases of shares in mutual funds reduce
Q28: A closed‑end investment company
A) has a fixed
Q29: An index fund based on the S&P
Q30: Investments in investment companies reduce
A) interest rate
Q31: If the shares of a closed-end investment
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