Question

In: Finance

Which of the following statement is NOT correct? Price Impact is a trading cost for investors...

Which of the following statement is NOT correct?

Price Impact is a trading cost for investors when trading common stocks

None of the above

Fund turnover can hurt mutual fund investors in terms of commission and tax liability

Open-end mutual funds offer investors a guaranteed rate of return

Fund turnover can hurt mutual fund investors in terms of commission and tax liability

Solutions

Expert Solution

Open-end mutual funds offer investors a guaranteed rate of return

The above statement is not correct.


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