Multiple Choice
The Jerry Fund,which trades on the New York Stock Exchange,has a NAV of $20 and a market price of $22.We know,then,the fund is
A) open end with a front-end load.
B) open end with a rear-end load.
C) closed end,selling at a discount.
D) closed end,selling at a premium.
Correct Answer:
Verified
Correct Answer:
Verified
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