Difference between open end and closed end mutual funds, Financial Accounting

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Difference between open end and closed end mutual funds

Response to the following questions:

1. What are the three components of the return that an investor receives from a mutual fund?

2. How is the net asset value (NAV) of a mutual fund determined? What is meant by the term marked-to-market daily?

3. What is the difference between open-end and closed-end mutual funds? Which type tends to be more specialized?

4. How might an individual's preference for a mutual fund's objective change over time?

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Financial Accounting: Difference between open end and closed end mutual funds

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Financial Accounting: Difference between open end and closed end mutual funds

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