Answered: The _________ of an open-end fund…

The _________ of an open-end fund provides the only market for buying or selling the shares of the fund. primary market investment banker secondary market issuing company

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)

7th Edition

ISBN:9780357033609

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter13: Investing In Mutual Funds, Etfs, And Real Estate

Section: Chapter Questions

Problem 4FPE

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Question

The _________ of an open-end fund provides the only market for buying or selling the shares of the fund.

primary market

investment banker

secondary market

issuing company

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