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solve both for like 21. Which of the following statements are TRUE regarding open-end mutual funds? CIRCLE ALL THAT APPLY The funds redeem shares at

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21. Which of the following statements are TRUE regarding open-end mutual funds? CIRCLE ALL THAT APPLY The funds redeem shares at net asset value (NAV). b. The funds offer investors professional management. The funds offer investors a guaranteed rate of return. d. The fund shares trade in the secondary market. a. C. Which of the following statements are TRUE regarding closed-end mutual funds? CIRCLE ALL THAT APPLY a. The funds always trade at a discount to net asset value (NAV) b. The funds redeem shares at net asset value (NAV) c. The funds offer investors professional management d. The fund shares trade in the secondary market

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