Answered

In a fund, Cap stock refers to:
A. Equity Capital that the fund has
B. Debt capital that the fund has
C. Investible capital that the fund has
D. The maximum capital that a fund can have



Answer :

GinnyAnswer

Final answer:

Cap stock in a fund refers to Equity Capital that the fund has.


Explanation:

Cap stock in a fund refers to Equity Capital that the fund has. It signifies the ownership stake in a company, representing the portion of the company’s equity. The capital stock of a firm can be expanded through various means such as selling shares of stock or borrowing from a bank.


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