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    Financial Institutions Management Study Set 2
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    Exam 14: Liquidity Risk
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    An Investment Fund That Sells a Fixed Number of Shares
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An Investment Fund That Sells a Fixed Number of Shares

Question 9

Question 9

Multiple Choice

An investment fund that sells a fixed number of shares in the fund to outside investors is called:


A) open-end fund
B) closed-end fund
C) fixed fund
D) fixed number fund

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