Multiple Choice
The ABC Fund is a closed-end fund founded in 1998 at which time it was fully subscribed. You want to invest $5,000 in this fund today. You need to have purchased your shares
A) In a private transaction
B) Under the agreement made in 1998
C) Directly from the fund
D) From a relative
E) From another shareholder
Correct Answer:
Verified
Correct Answer:
Verified
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