The primary difference between open-end and closed-end investment companies is: a. Closed end funds always sell at

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The primary difference between open-end and closed-end investment companies is:

a. Closed end funds always sell at par value.

b. Open-end funds do not charge sales fees.

c. Closed-end funds guarantee the Net Asset Value (NAV) at the time of sale or purchase.

d. Closed-end funds sell only a limited number of shares.

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Fundamentals Of Financial Planning

ISBN: 9781936602094

3rd Edition

Authors: Michael A Dalton, Joseph Gillice

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Question Posted: Sep 12, 2024 07:02 AM

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The primary difference between open-end and closed-end investment companies is: a. Closed end funds always sell at

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Fundamentals Of Financial Planning

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