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An open-ended mutual fund may do all of the following except

Looking for the answer to the question below related to Mutual Funds?

An open-ended mutual fund may do all of the following except

 Options:

(a)sell shares directly to investors.
(b)charge a fee to buy but not sell shares.
(c)repurchase shares from investors who want to sell their shares.
(d)have its shares traded on a New York Stock Exchange.

 

The Correct Answer Is:

  • (d)have its shares traded on a New York Stock Exchange.

 

Conclusion

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