Canadian Securities Course (CSC) Level 2 Practice Exam 2025 - Free CSC Level 2 Practice Questions and Study Guide

The selected answer correctly identifies the valuable information that can be derived from a mutual fund quote. Understanding the components of the quote is essential for assessing the fund's performance and risk.

High/low range provides insight into the price fluctuations of the mutual fund over a specific period, helping investors gauge market volatility and potential investment risks. Volatility reflects how much the mutual fund's price can vary, indicating its stability or riskiness. The closing NAVPS (Net Asset Value per Share) is critical, as it represents the fund's value at the end of the trading period, directly impacting investment decisions. Lastly, the rate of return indicates how well the fund has performed over a specific time frame, providing investors with an assessment of profitability.

These metrics together enable investors to make informed decisions regarding their investments in mutual funds, assessing both performance and risk profile. The other options do not comprehensively cover these key indicators, which makes this choice the most accurate and relevant.