Multiple Choice
Which one of the following statements regarding closed-end mutual funds is false?
A) The funds always trade at a discount from NAV.
B) The funds redeem shares at their net asset value.
C) The funds offer investors professional management.
D) The funds always trade at a discount from NAV and redeem shares at their net asset value.
E) None of the options are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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