Which of the following is a facility-level cost?

The time value of money can be used to estimate future savings with periodic deposits of funds

Indicate whether the statement is true or false.

A(n) ________ is a mutual fund company that has the ability to issue as many shares as investors are willing to purchase

A) closed-end mutual fund B) share repurchase fund C) open-end mutual fund D) variable share mutual fund E) none of the above