Explain how MMMFs maintain a constant $1 a share NAV.

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Mutual Funds And Exchange Traded Funds Building Blocks To Wealth

ISBN: 9780190207434

1st Edition

Authors: H. Kent Baker, Greg Filbeck, Halil Kiymaz

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Question Posted: Nov 28, 2023 05:38 AM

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Explain how MMMFs maintain a constant $1 a share NAV.

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Money Market Mutual Funds MMMFs aim to maintain a constant Net Asset Value NAV of 1 per share throug...View the full answer

Mutual Funds And Exchange Traded Funds Building Blocks To Wealth

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