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A closed-end investment company initially: Select one: O a. sells its shares to commercial banks to obtain cash to invest and then operates with a

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A closed-end investment company initially: Select one: O a. sells its shares to commercial banks to obtain cash to invest and then operates with a fixed number of shares outstanding. O b. sells its shares to the public to obtain cash to invest and then operates with a fixed number of shares outstanding. O c. sells its shares to investment banks to obtain cash to invest and then operates with a fixed number of shares outstanding. O d. sells its shares to government to obtain cash to invest and then operates with a fixed number of shares outstanding

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