MCQOPTIONS
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| 1. |
Mutual funds may be affiliated with an underwriter. This means____________. |
| A. | he underwriter has an exclusive right to distribute shares |
| B. | he underwriter selects the securities in the portfolio |
| C. | here is no risk to the issuer of the mutual fund |
| D. | here is no risk to the investor of the mutual fund. |
| Answer» B. he underwriter selects the securities in the portfolio | |