1.

A retail investor wishes to sell 500 units of his mutual funds holding as he is in need of money. At what price will his mutual funds units be calculated?

A. At the current NAV prices
B. The prevailing stock prices of the units
C. At 10 percent of his buying price plus the original cost
D. The current NAV price less 2 percent
Answer» B. The prevailing stock prices of the units


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