With respect to mutual funds,late trading refers to the practice of ________.
A) trading after the close of U.S. markets but before overseas markets have closed
B) trading after the close of overseas markets, but before U.S. markets have closed
C) accepting buy or sell orders after the market closes and NAV has already been determined for the day
D) paying capital gains distributions to certain investors only after paying privileged investors first
Correct Answer:
Verified
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