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Which of the following statements is TRUE about open-end mutual funds? They issue a fixed number of outstanding shares. O The price of mutual fund

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Which of the following statements is TRUE about open-end mutual funds? They issue a fixed number of outstanding shares. O The price of mutual fund shares is always determined by the supply and demand on the secondary markets. They sell new shares to investors and redeem outstanding shares on demand at NAV. They are the private funds that pool money from only wealthy individuals and invest these funds on their behalf

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