a) A mutual fund that has the ability to issue as many shares as the investors want is called

Group of answer choices

not a good investment

open ended

open minded

closed

a balanced fund

b) The net asset value (NAV) of a mutual fund is defined as:

Group of answer choices

investment fund ratio

closed end

the dollar value of a share in that mutual fund

capital gains differentiation

c) An investment that is private, unregulated, charges high fees and is very risky is a __________________

Group of answer choices

good fund for first time investors

a hedge fund

all bond funds

a balanced fund

real estate investment trusts