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Question 1 7 Liquidity is important to a mutual fund primarily because: the fund requires cash to pay its taxes. the fund's shareholders may want

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Liquidity is important to a mutual fund primarily because:

the fund requires cash to pay its taxes.

the fund's shareholders may want to redeem their shares at any time.

new investors may invest in the fund at any time.

a fund that is less liquid will attract more investors.

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