In the USA, approximately what percentage of all mutual funds are closed-end funds?

A. 25%

B. 75%

C. 50%

D. more than 90%

E. less than 10%

Which of the following activity is NOT typically involved in the initial stage of the home-buying process?

A. Evaluate owning your place of residence.

B. Assess types of housing units.

C. Calculate the amount you can afford.

D. None of these.

E. Obtain funds and documents for closing.

When you sell your shares in a mutual fund, you may receive a profit that results from an increase in value called

A. Mutual fund money.

B. Income dividend.

C. Capital guarantee.

D. Fund taxes.

E. Capital gain.

Answer rating: 100% (QA)

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