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    Financial Markets and Institutions Study Set 5
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    Exam 21: Managing Liquidity Risk on the Balance Sheet
  5. Question
    Closed-End Mutual Funds Have Less Need to Maintain Liquid Asset
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Closed-End Mutual Funds Have Less Need to Maintain Liquid Asset

Question 23

Question 23

True/False

Closed-end mutual funds have less need to maintain liquid asset holdings than open-end mutual funds.

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