Which of the Following Is Not a Characteristic of a Closed-End

question 93

Multiple Choice

Which of the following is not a characteristic of a closed-end mutual fund?

• A) Once the fund closes the shares of the fund trade on the stock market just like a stock.
• B) The shares may sell above NAV on the secondary market.
• C) Investors can easily sell their share back to the fund on a daily basis at NAV.
• D) The shares may sell below NAV on the secondary market.

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Definitions:

The Genotype

Refers to the genetic composition of an organism, including all its genes, contributing to its unique phenotype.

Nature

The inherent features of something or the physical world and everything in it, including plants, animals, the landscape, and other features and products of the earth.

Nurture

The influence of environmental factors and care given to the development and growth of an individual.

Behavioral Genetics

The field of study that examines the role of genetic and environmental influences on behaviors.