Question

2.         For a open -ended fund,the repurchase price should not be lower than NAV

(A)    95% of NAV       (B) 93% of NAV         (C) 97% of NAV      (D) 90% of NAV​

Answer 1

Answer:

(D) 90% of NAV

Explanation:

please branlist answer

Answer 2

Answer:

b

Explanation:

For a open-ended fund, the repurchase price should not be lower (b) 93% of NAV

(a) 95% of NAV (c) 97% of NAV

than NAV