Question 4 Chapter 20, Homework Question: An open-end fund ___ and a closed end

Question

Question 4

Chapter 20, Homework Question: An open-end fund ___ and a closed end fund ___.

continuously issues new shares; continuously issues new funds

only issues shares once; only issues shares once

continuously issues new shares; only isssues shares once

only issues shares once; continuously issues shares

continuously issues new shares; continuously issues new funds

only issues shares once; only issues shares once

continuously issues new shares; only isssues shares once

only issues shares once; continuously issues shares

Explanation / Answer

continuously issues new shares; only isssues shares once

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