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 underlying shares owned by the company.
C) the demand for the investment company's shares.
D) the number of shares available, and the value of the underlying shares owned by the company.
E) the value of the underlying shares owned by the company, and the demand for the investment company's shares.
Correct Answer:
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