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HW_7_Questions_Chapter_21[1]

HW_7_Questions_Chapter_21[1] - (b ignore fads and emotions...

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HW 7 Chapter 21 Chapter 21 End-of-Chapter Questions 1, 4, 6, 8, 9 Chapter 21 Quantitative Problems 2-6 A mutual fund sold with no sales commissions, from which shares can be redeemed at any time at a price based on the value of the fund's assets, is a _____, _____ fund. no-load; closed-end load; open-end load; closed-end no-load; open-end Index funds (a) require managers to select stocks and decide when to buy and sell stocks.
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Unformatted text preview: (b) ignore fads and emotions that can interfere with sound investment decisions. (c) do both (a) and (b). (d) do neither (a) nor (b). The document that sets out a mutual fund's goals, fee and expenses, investment strategies, and risk is called a(n) information statement. prospectus. 1099. shareholder distribution report. shareholder newletter....
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