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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