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Investors in Closed-End Funds Who Wish to Liquidate Their Positions

Question 17

Multiple Choice

Investors in closed-end funds who wish to liquidate their positions must


A) sell their shares through a broker.
B) sell their shares to the issuer at a discount to net asset value.
C) sell their shares to the issuer at a premium to net asset value.
D) sell their shares to the issuer for net asset value.
E) hold their shares to maturity.

Correct Answer:

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