How the Price of the Shares Is Determined for a Closed-End

question 112

Multiple Choice

How the price of the shares is determined for a closed-end investment company?

• A) Usually sell at a premium to net asset value.
• B) Equal to NAV plus a load charge.
• C) Determine by the supply and demand in the marketplace.
• D) Equal to the net value per share.
• E) Equal to net asset value less redemption.

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