The Ajax Fund,which Trades on the New York Stock Exchange,was

question 45

Multiple Choice

The Ajax Fund,which trades on the New York Stock Exchange,was quoted with a NAV of $10 and an offer price of $10.50.Thus,we know the fund is

• A)open end with a load.
• B)closed end with a load.
• C)closed end with no load.
• D)open end with no load.

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