Question 30 (3 points) True or false Mutual funds with higher expense ratios and those with front-end loads generally have higher returns that make up for the higher cost. 1) True 2) False Question 31 (3 points) An S&P 500 passively managed index fund's goal is 1) to only hold the most undervalued stocks of the S&P 500 2) to match the return of the S&P 500 by holding all the stocks of the S&P 500 3) to only hold the largest stocks in the S&P 500 4) to hold all the stocks listed on the NYSE Question 32 (3 points) You place an order to buy Vanguard's S&P 500 index fund which is an open-ended no load mutual fund at 1:30 p.m. What price do you get and when? 1) The NAV at 1:30 p.m. 2) Could be the NAV, but also could be selling at a discount or premium, and you will get the 1:30 p.m. market price. 3) The NAV at 4:00p.m. O4) Could be the NAV, but also could be selling at a discount or premium, and you will get the 4:00 p.m. market price