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