For an open-end mutual fund A) net asset value market value C) net asset value = market value D) net asset value is greater than or equal to market value

Name: For an open-end mutual fund A) net asset value market value C) net asset value = market value D) net asset value is greater than or equal to market value
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Question

For an open-end mutual fund
A) net asset value < market value
B) net asset value > market value
C) net asset value = market value
D) net asset value is greater than or equal to market value

Quizplus · Accepted Answer

For an open-end mutual fund, shares are bought and sold at the net asset value (NAV), meaning the NAV equals the market value.

For an Open-End Mutual Fund