Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
Basic Question 2 of 15
On an open-end mutual fund, the number of shares outstanding ______ and shares are usually purchased ______.
B. fluctuates; at the stock exchange
C. fluctuates; direct from the fund
A. is fixed; direct from the fund
B. fluctuates; at the stock exchange
C. fluctuates; direct from the fund
User Contributed Comments 0
You need to log in first to add your comment.
I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
Learning Outcome Statements
describe mutual funds and compare them with other pooled investment products
CFA® 2024 Level I Curriculum, Volume 6, Module 3.