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Which of the following statements is correct? Short-term mutual fund investors prefer loads to12b-1 fees. Closed-end funds' shares outstanding changes as investors purchase and sell
Which of the following statements is correct?
Short-term mutual fund investors prefer loads to12b-1 fees. | ||
Closed-end funds' shares outstanding changes as investors purchase and sell shares in the fund. | ||
Open-end mutual funds are traded on the secondary market. | ||
Realized capital gains on shares held by the mutual funds get distributed to investors. |
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