Explain Why Closed-End Funds Can Sell at Prices Other Than

question 71

Essay

Explain why closed-end funds can sell at prices other than the fund's NAV.

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Definitions:

Commitment

A pledge or promise to do something, often involving dedication to a cause, project, relationship, or goal.

Cognitive Psychologists

Scientists who study mental processes such as perception, memory, thought, problem-solving, and language.

Aggressive Behavior

Actions or attitudes that demonstrate hostility or an intention to harm someone else, physically or psychologically.