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D Question 14 1 pts Why does a close-end fund have a discount? O the manager of the fund is not popular and his/her investment

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D Question 14 1 pts Why does a close-end fund have a discount? O the manager of the fund is not popular and his/her investment style is out of favor so there are not many buyers of the fund. It is overpriced. close-end fund has a fixed number of shares. The price of the fund is more than the sum of the price of its components

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