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2. Which one of the following statements regarding Closed-end mutual funds is false? A. The funds always trade at a discount from NAV. B. The

2. Which one of the following statements regarding Closed-end mutual funds is false? A. The funds always trade at a discount from NAV. B. The funds redeem shares at their net asset value. C. The funds offer investors professional management. D. A and B. E. None of the above

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