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QUESTION 7 What prompted the growth of money market funds? Stock prices were too variable. Stock mutual funds stopped accepting investors. Hedge funds were unavailable.

QUESTION 7

What prompted the growth of money market funds?

Stock prices were too variable.

Stock mutual funds stopped accepting investors.

Hedge funds were unavailable.

Regulation Q capped bank interest rates.

1 points

QUESTION 8

The total value of a mutual fund's stocks, bonds, and other assets minus any liabilities divided by the number of shares outstanding is the _____.

percent capital gain

net asset value (NAV)

maximum price allowed by law

method used to calulate 12b-1 fees

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