which of the following statements is true about open - end mutual funds? a. they are sold on the new york…

which of the following statements is true about open - end mutual funds? a. they are sold on the new york stock exchange. b. they are the least common type of mutual fund. c. they are bought or sold at their net asset value. d. they can never have a sales charge or commission.

which of the following statements is true about open - end mutual funds? a. they are sold on the new york stock exchange. b. they are the least common type of mutual fund. c. they are bought or sold at their net asset value. d. they can never have a sales charge or commission.

Answer

Brief Explanations:

Open - end mutual funds are bought or sold at their net asset value (NAV). They are not necessarily sold on the New York Stock Exchange, are a common type of mutual fund, and can have sales charges or commissions (load funds).

Answer:

C. They are bought or sold at their net asset value.