Closed-end investment companies
A) have a fixed number of shares.
B) can trade at a price that is greater than, equal to, or less than the NAV.
C) will trade at a different price as the number of shares of the fund changes.
D) have a fixed number of shares, and will trade at a different price as the number of shares in the fund changes.
E) have a fixed number of shares and can trade at a price that is greater than, equal to, or less than the NAV.
Correct Answer:
Verified
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