It is not important to have a secondary market for mutual funds because:
A) investors hold the securities until maturity.
B) investors trade between themselves.
C) investors sell their shares back to the company.
D) banks will convert investor shares to cash for bank customers.

Question

Quizplus · Accepted Answer

Mutual fund shares are typically redeemed by selling them back to the mutual fund company, not traded on a secondary market.

It Is Not Important to Have a Secondary Market for Mutual