Multiple Choice
How the price of the shares is determined for a closed-end investment company?
A) Usually sell at a premium to net asset value.
B) Equal to NAV plus a load charge.
C) Determine by the supply and demand in the marketplace.
D) Equal to the net value per share.
E) Equal to net asset value less redemption.
Correct Answer:
Verified
Correct Answer:
Verified
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