MCQOPTIONS
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| 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 | |