FINRA SIE Question Answer
Which of the following products is redeemable at net asset value (NAV)?
Corporate stock
Municipal bonds
Options contracts
Open-end mutual funds
Open-end mutual funds are redeemable securities, meaning investors can sell their shares back to the fund at the NAV.
D is correctbecause mutual funds allow redemption at NAV.
A,B, andCare not redeemable securities.
TESTED 09 Jul 2025
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