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What is represented by the net investment income of an open-end investment company?
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D. dividends, interest, and net gains on sales of securities
Answer: C
Explanation:
Explanation/Reference:
Explanation: net income from dividend and interest paid on securities in the fund portfolio. This is the definition of net investment income, which excludes gains on sales of securities.
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B. Option B
C. Option D
D. Option A
Answer: B
NEW QUESTION: 3
A. Option C
B. Option A
C. Option B
D. Option D
Answer: B,D
Explanation:
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