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A mutual fund has a fixed number of shares. A) True B) False When an individual wants to remove funds from a mutual fund, that

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A mutual fund has a fixed number of shares. A) True B) False When an individual wants to remove funds from a mutual fund, that investor sells the shares (.e., redeems) back to the fund. A) True B) False If a firm needs additional equity financing through the retention of earnings, it may be advantageous to incorporate. A) True B) False

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