If the dollar value of a mutual funds assets and, Financial Management

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If the dollar value of a mutual funds assets and

If the dollar value of a mutual fund's assets and liabilities remains constant, a decrease in the number of the fund's outstanding shares will:

Increase the fund's Net Asset Value (NAV)

Have no effect in the fund's Net Asset Value (NAV)

Decrease the fund's Net Asset Value (NAV)

Increase the fund's Net Asset Value (NAV) in the short-term but decrease it in the long-term

None of the above

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