Hi, r/stocks, excited to post here!
I know that the prices of stocks and ETFs are determined by buyers and sellers placing bids on the shares. Does it work the same way for mutual funds? I always thought that the price of a mutual fund is based solely on its net asset value in addition to a fee, as opposed to a market-determined price. I would love a source for the correct answer, as I somehow had trouble finding a reliable answer online.
Any info would be greatly appreciated!
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