1. Which answer below best describes net asset value (NAV) used to price of a mutual fund. _A. The market value of all securities and cash at the end of the day, less any expenses for the day, all stated on a per share basis B. The value of the portfolio on a per share basis C. The market value of the shares D. None of the above 2. Which of the following is an example of a type of stock mutual fund A. Growth and Income funds. B. Tax free bond funds C. Hybrid Funds D. None of the above 3. Which of the following is an example of a type of bond mutual fund A. High yield junk bond fund B. Income fund C. Both A and B above _D. None of the above 4. Which of the following is a function of a security firm A. Facilitating stock offerings B. Facilitating Bond offerings. C. Securitizing Mortgages D. All of the above