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With Regard to the Past Price Performance of Closed-End Mutual

Question 52

Multiple Choice

With regard to the past price performance of closed-end mutual funds


A) most funds have traded at both a premium and a discount to NAV.
B) most funds trade on a stock exchange just like a publicly traded corporation.
C) suggests the risk-return characteristics can be quite different from those of the securities underlying the fund.
D) all of the options

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