Which of the following is an advantage to investors of an


Which of the following is an advantage to investors of an open-end mutual fund?

Once all the shares have been sold, the investor does not have to put in more money.

The investors can sell their shares in the over-the-counter market with low transaction fees.

The fund agrees to redeem shares upon request.

The market value of the fund's shares may be higher than the value of the assets held by the fund.

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Financial Management: Which of the following is an advantage to investors of an
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