Explain the difference between open-end and closed-end, Financial Management

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Explain the difference between open-end and closed-end

1. Explain the difference between open-end and closed-end funds.

2. What is the effect of a load mutual fund versus a no-load fund?

3. What is the significance of the mutual fund prospectus?

4. List the differences between the risks of bond funds and individual bonds.

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Financial Management: Explain the difference between open-end and closed-end

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Financial Management: Explain the difference between open-end and closed-end

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