17 0f25 -/6.4 55 View Policies Current Attempt in Progress The of an open-end fund provides the only market for buying or selling the shares of the fund. O issuing company 0 investment banker 0 primary market 0 secondary market Save for Later Attempts: 0 of 2 used 18of25 -/6.4 EE View Policies Current Attempt in Progress The net asset value of a mutual fund is calculated as the 0 market value of assets less the market value of liabilities divided by the number of shares outstanding. 0 market value of assets less the market value of liabilities divided by the market value of the assets. 0 market value of assets less the market value of liabilities divided by the market value of the assets plus the market value of liabilities. 0 market value of assets plus the market value of liabilities divided by the number of shares outstanding. Save for Later Attempts: 0 of 2 used [1:] 20 0125 - / 6.4 1:5 View Policies Current Attempt in Progress Compared with investing on their own, mutual funds provide small investors with O lower risk. 0 better diversication. O reduced transaction costs. O all of the above. Save for Later Attempts: 0 of 2 used 19 of 25 - / 6.4 E View Policies Current Attempt in Progress A mutual fund entirely invested in companies in the health-care industry would be considered a(n) O global fund. O sector fund. O SRI fund. O international fund. Save for Later Attempts: 0 of 2 used Submit Answer A16 onS -/6.4 $5 View Policies Current Attempt in Progress Which of the following statements is false regarding exchange-traded funds? O Many exchange-traded funds are designed to be index funds. 0 Exchange-traded funds are an example of a closed-end fund. 0 Share prices on an exchange-traded fund are determined by market forces. 0 All of the choices are true. Save for Later Attempts: 0 of 2 used