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    Exam 12: Mutual Fundsother Pooling Arrangements: Simplifying, Maybe Improving Investment Performance
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    The Ajax Fund,which Trades on the New York Stock Exchange,was
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The Ajax Fund,which Trades on the New York Stock Exchange,was

Question 45

Question 45

Multiple Choice

The Ajax Fund,which trades on the New York Stock Exchange,was quoted with a NAV of $10 and an offer price of $10.50.Thus,we know the fund is


A) open end with a load.
B) closed end with a load.
C) closed end with no load.
D) open end with no load.

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