Solved

Open-End Mutual Fund Shares Have Good Liquidity Because

Question 113

Multiple Choice

Open-end mutual fund shares have good liquidity because


A) they act very much like a bank account.
B) the fund company will buy back the shares whenever requested.
C) there are no redemption fees.
D) you can always find another investor willing to purchase your shares.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents