Which of the Following an Excellent Measure of the Value

question 8

Multiple Choice

Which of the following an excellent measure of the value created by the fund's managers in the case of closed-end mutual funds?

• A)The ratio of the share price of the closed-end mutual fund to the share price of a similar open-end mutual fund
• B)The ratio of the share price of the closed-end mutual fund to the net asset value per share of the portfolio it holds
• C)The ratio of the share price of the closed-end mutual fund to the share price of a comparable market index
• D)The ratio of the share price of the closed-end mutual fund to the share price of a stock with comparable risk

---

Definitions:

Behavioral Tendencies

Predominant patterns of actions or reactions that are characteristic of an individual across different situations.

Personality

The combination of characteristics or qualities that form an individual's distinctive character and influence their behaviors and attitudes.

Stable Pattern

A consistent and predictable sequence of actions or behaviors over time.

Appropriate Aptitudes

The specific skills or capabilities that are suitable and relevant for a particular task or job role.