Question # 47

A customer purchases a mutual fund at 2:30 p.m. EST. The NAV is calculated at 4:00 p.m. EST. Which NAV applies?

Options:

A.

2:30 NAV

B.

4:00 NAV

C.

Next day’s NAV

D.

Previous day’s NAV

Viewing question 47 out of 69 questions
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