The public offering price of the securities of an open-end management investment company is:
A)determined by a method set forth in the prospectus of the issuer
B)based upon net asset value of the securities underlying the shares of the issuer plus a 10 % sales charge
C)determined by the relative demand for the shares of the issuer
D)the price used by distributors in determining sales incentive discounts to individual purchasers

Question

Quizplus · Accepted Answer

determined by a method set forth in the prospectus of the issuer. The method is described in the prospectus. It uses the net asset value plus any sales charge

The Public Offering Price of the Securities of an Open-End