Suppose you own shares in a stock index fund that tracks the value of the S&P 500. The firm that offers the fund recently imposed restrictions on the number of shares that may be redeemed for cash on a given day. How does this change in the funds operation affect the demand for this asset? A. Demand shifts rightward B. Demand does not change C. Demand shifts leftward

Suppose you own shares in a stock index fund that tracks the value of the S&P 500. The firm that offers the fund recently imposed restrictions on the number of shares that may be redeemed for cash on a given day. How does this change in the funds operation affect the demand for this asset? A. Demand shifts rightward B. Demand does not change C. Demand shifts leftward

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter31: Capital Markets

Section: Chapter Questions

Problem 8E

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