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If investors own shares of an open-end mutual fund, which one of the following is correct? Group of answer choices The investors directly decide how

If investors own shares of an open-end mutual fund, which one of the following is correct?
Group of answer choices
The investors directly decide how their money is used by the fund.
The iinvestors directly own the securities in the mutual fund.
The mutual fund invests the money it receives from the investors in a portfolio of securities.

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