With Regard to the Past Price Performance of U

Multiple Choice

With regard to the past price performance of U.S.-based closed end country funds,

A) most CECFs behave more like U.S. securities than their corresponding NAVs.
B) most CECFs have track records nearly identical to their currency returns.
C) most CECFs have stock betas of around zero when measured against the S&P 500.
D) none of the above