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Melanie is considering purchasing shares in an international bond fund. She has limited her search to one open-end and one closed-end fund. Information on the

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Melanie is considering purchasing shares in an international bond fund. She has limited her search to one open-end and one closed-end fund. Information on the funds follows Open-End Closed-End NAV $12.00 $24.05 Sales price no-load$21.95 Annual expenses | 1.45% 1.15% YTD return 12.00% | 12.50%

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