With Regard to the Past Price Performance of Closed End

question 58

Multiple Choice

With regard to the past price performance of closed end mutual funds

• A)most funds have traded at both a premium and a discount to NAV.
• B)most funds trade on a stock exchange just like a publicly traded corporation.
• C)suggests the risk-return characteristics can be quite different from those of the securities underlying the fund.
• D)all of the above

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Definitions:

Independent Variable

An independent variable is a variable that is manipulated or varied by the researcher to investigate its effect on the dependent variable in an experiment.

Dependent Variable

A variable in experimental research that is expected to change as a result of manipulations of the independent variable.

Spurious Relationship

A relationship where two variables seem to be related to each other, but in reality, their association is caused by a third variable or by chance.

Research Hypothesis

A specific, testable prediction about what you expect to happen in your study, often based on theoretical expectations or previous research.