How is a mutual fund's expense ratio calculated?
A) Total operating expenses
B) Total operating expenses for year/12 months
C) Total operating expenses divided by average dollar value of the fund's assets
D) Average monthly operating expenses divided by average asset value
Correct Answer:
Verified
Q9: Which factors are considered in calculating a
Q10: Mutual funds are first categorized into _
Q11: All open-end mutual funds _.
A)open up for
Q12: Which of the following are among the
Q13: _ is a market-performance measurement index.Derived from
Q15: When you buy a mutual fund,you own
Q16: Mutual funds are now regulated by the
Q17: Mutual funds are valued at their _,which
Q18: Which statement is not true about index
Q19: The NAV of an open-end fund is
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