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Author Question: Mutual funds that sell shares directly to investors and repurchase shares investors want to sell are ... (Read 240 times)

lilldybug07

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Question 1

To calculate the NAV, the market value of the portfolio less liabilities is divided by the ________ to arrive at a per-share basis.


◦ original number of shares
◦ shares currently issued by the fund
◦ maximum shares to be issued
◦ average number of shares in comparable funds

Question 2

Mutual funds that sell shares directly to investors and repurchase shares investors want to sell are called ________ funds.


◦ open-market
◦ open-end
◦ closed-end
◦ fair value


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Marked as best answer by lilldybug07 on Apr 14, 2019

juliaf

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lilldybug07

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Reply 2 on: Apr 14, 2019
YES! Correct, THANKS for helping me on my review


EAN94

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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