The NAV of a mutual fund with a market value of its assets of $100 million and 10 million shares outstanding would be $10.
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Q15: Similar to corporate shareholders,holders of mutual funds
Q16: It is much easier to select specific
Q17: The shares of an open-end mutual fund
Q18: When you sell your share in a
Q19: A mutual fund buys and sells its
Q21: Electronic funds transfers (EFTs) can be used
Q22: The mutual fund company owns the investments
Q23: A mutual fund can be arranged to
Q24: A beneficiary designation is automatically set up
Q25: Switching between mutual funds in the same
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