Which of the Following Is Correct for a Closed-End Fund

question 77

Multiple Choice

Which of the following is correct for a closed-end fund?

• A) It is not traded on a securities exchange.
• B) The price of its shares is determined by supply and demand, by the value of stocks in the portfolio, and by investor expectations.
• C) It is not actively managed by professional fund managers.
• D) Its price is equal to the net asset value.
• E) Its load cannot exceed 2%.

Recognize the importance of meeting lower needs before higher needs can influence behavior.

Understand Maslow's theory of self-actualization and the characteristics of self-actualizers.

Identify and explain the hierarchy of needs according to Maslow.

Recognize the significance of metaneeds and metapathology in the context of Maslow's theory.

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Cultural Background

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