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Part 1 | Attempt 1/5 for 8.5 pts. What are disadvantages of using mutual funds compared to a savings account? Check all that apply: Lower
Part 1 | Attempt 1/5 for 8.5 pts. What are disadvantages of using mutual funds compared to a savings account? Check all that apply: Lower return Fund expenses Risk Taxes Submit Part 1 * Attempt 175 for 8.5 pts. Closed-end funds and their price invest in a portfolio that is fixed for the life of the funds; is always equal to the net asset value (NAV) stand ready to redeem or issue shares; can be different from the net asset value (NAV) do not redeem or issue shares; can be different from the net asset value (NAV) stand ready to redeem or issue shares; is always equal to the net asset value (NAV) do not redeem or issue shares; is always equal to the net asset value (NAV) Submit
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