2. a. The NAV of an open-end fund is determined continuously throughout the trading day. Explain why

Question:

a. “The NAV of an open-end fund is determined continuously throughout the trading day.” Explain why you agree or disagree with this statement.

b. “A closed-end fund will always trade at its NAV.” Explain why you agree or disagree with this statement.

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Muhammad Salman Alvi

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