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The NAV of a Closed-End Investment Company Shares Is Determined

Question 98

Multiple Choice

The NAV of a closed-end investment company shares is determined at any point in time by


A) the number of shares available.
B) the value of the outstanding shares owned by investors.
C) the supply of the investment company's shares.
D) the demand for the investment company's shares...
E) the value of the underlying assets and the number of the investment company shares issued.

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