Question: Open-end mutual funds Multiple Choice O may experience fluctuations in the number of shares outstanding on a daily basis. issues shares that can be traded

Open-end mutual funds Multiple Choice O may experience fluctuations in the number of shares outstanding on a daily basis. issues shares that can be traded among investors without involving the fund itself. require that NAV consider the amount of discount or premium in the share value. O None of the options is correct. calculate the NAV several time each day based on the total value of assets held divided by the number of fund shares outstanding
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