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    An Open-End Investment Company That Can Issue an Unlimited Number
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An Open-End Investment Company That Can Issue an Unlimited Number

Question 46

Question 46

Multiple Choice

An open-end investment company that can issue an unlimited number of its shares to investors and use the pooled proceeds to purchase corporate and government securities is called a(n)


A) mutual fund.
B) pension fund.
C) insurance company.
D) brokerage firm.

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