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At Issue, Offering Prices of Open-End Funds Will Often Be

Question 20

Multiple Choice

At issue, offering prices of open-end funds will often be


A) less than NAV due to loads and commissions.
B) greater than NAV due to loads and commissions.
C) less than NAV due to limited demand.
D) greater than NAV due to excess demand.
E) less than or greater than NAV with no apparent pattern.

Correct Answer:

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