Which of the following is not a mutual fund company share?
$$\begin{array} { r r r }
& \text { NAV } & \text { Offering Price } \
\text { A. } & \$ 16.85 & \$ 16.75 \
\text { B. } & \$ 14.25 & \$ 14.50 \
\text { C. } & \$ 12.00 & \$ 12.55 \
\text { D. } & \$ 10.95 & \$ 10.95
\end{array}$$

Question

Which of the following is not a mutual fund company share?
 $$\begin{array} { r r r } 
& \text { NAV } & \text { Offering Price } \
\text { A. } & \$ 16.85 & \$ 16.75 \
\text { B. } & \$ 14.25 & \$ 14.50 \
\text { C. } & \$ 12.00 & \$ 12.55 \
\text { D. } & \$ 10.95 & \$ 10.95
\end{array}$$

Quizplus · Accepted Answer

The NAV (Net Asset Value) cannot be lower than the offering price, which makes option A incorrect as it shows the NAV higher than the offering price, which is not characteristic of mutual fund shares.

Which of the Following Is Not a Mutual Fund Company