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What must happen for a redemption to be processed from a mutual fund?

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What must happen for a redemption to be processed from a mutual fund?

A.

Payment for redeemed securities must be within two business days after the NAVPS is determined.

B.

Mutual funds representatives must submit the order within two business days of when the order is received from the client.

C.

The offering price of the mutual fund must be calculated.

D.

The client redeeming the mutual fund must receive a Fund facts document.

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