Question: 13) Load fund is defined as one in which the fund charges a sales commission to buy into or exit from the fund. (10points) a.

13) Load fund is defined as one in which the fund charges a sales commission to buy into or exit from the fund. (10points) a. True b. False 14) We can use both ETF and mutual fund for margin trading and short sale. (10points) a. True b. False 15) Investors who want to liquidate their holdings in a close-end mutual fund may sell their shares on the market. (10points) a. True b. False 16) If you want to buy a share of an open-end mutual fund, the order will be executed at the NAV calculated at the market close. (10points) a. True b. False

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