The gross return of closed-end investments companies has typically been
A) 10-20 percent less than their NAV.
B) 10-15 percent less than their NAV.
C) 5-20 percent less than their NAV.
D) about the same as the net return.
E) less than the net return.
Correct Answer:
Verified
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A) charge
Q45: In the case of closed-end investment companies,
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Q51: Net asset value (NAV) is determined by
A)
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