Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 14, 2024

How does an investor who owns a mutual fund cash out of the fund when he wants his money? Group of answer choices He can

How does an investor who owns a mutual fund cash out of the fund when he wants his money?

Group of answer choices

He can sell it throughout the day on the open market.

He can redeem it the end of the day with the mutual fund company.

He can redeem it throughout the day on the open market

He can redeem it with a limit order and sell it anytime.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Behavioral Finance And Capital Markets

Authors: A. Szyszka

5th Edition

1137338741, 9781137338747

More Books

Students also viewed these Finance questions

Question

★★★★★

Now suppose that the fixed assets of Growth Industries (from the previous problem) are operating at only 75% of capacity. What is the required external financing over the next year?

Answered: 1 week ago

Question

★★★★★

Selecting 'best-of-breed' applications from multiple system vendors for different e business applications such as enterprise resource planning, customer relationship management, transactional...

Answered: 1 week ago

Question

★★★★★

=+c) What are the factors?

Answered: 1 week ago

Question

★★★★★

Project X is very risky and has an NPV of $3 million. Project Y is very safe and has an NPV of $2.5 million. They are mutually exclusive, and project risk has been properly considered in the NPV...

Answered: 1 week ago

Question

★★★★★

The Grand Inn is a restaurant in Flagstaff, Arizona. It specializes in southwestern style meals in a moderate price range, Paul Weld, the manager of Grand, has determined that during the last 2 years...

Answered: 1 week ago

Question

★★★★★

What aspects of the time value of money must professional sport organizations and athletes consider when negotiating contracts?

Answered: 1 week ago

Question

★★★★★

An archer wants to test the speed of his shot (arrow) using limited sources. During the experiment, he hits a solid ball made up of clay soil having mass 0.4 kg kept at a height of 80 m on the...

Answered: 1 week ago

Question

★★★★★

The term (2 points) refers to a broad range of tools and activities used to explore big data in order to make forecasting models that will inform decision-making. a) Information system b) Knowledge...

Answered: 1 week ago

Question

★★★★★

Jim decided to sell his business because he wanted to retire. Through their lawyers, Mike agreed to buy Jim's business for $500,000. A certified cheque was specified as the method of payment for the...

Answered: 1 week ago

Question

★★★★★

Cash flow analysis. Kary Kinnard has an opportunity to open a franchised pizza outlet. He can lease the building, so he needs to invest only in equipment, which he estimates will cost $60,000. For...

Answered: 1 week ago

Question

★★★★★

an. c. Musk does not want to have to meet all the requirements necessary for a public stock offering. Which exemption from the public offering registration requirements of the Securities Act of 1933...

Answered: 1 week ago

Question

★★★★★

A good negotiation tactic is to not make unilateral concessions during negotiations. Instead, experts advise that you should figure out the other sides hidden agenda, devise an alternative if you...

Answered: 1 week ago

Question

★★★★★

Why has Negotiating Women, Inc. focused its attention on women?

Answered: 1 week ago

Question

★★★★★

What are the underlying ethical issues surrounding womens networking and mentorship?

Answered: 1 week ago

Previous Question Next Question