Question
Q5 Which of the following statements regarding closed-end funds is/are not true? a. They trade at a premium or discount to NAV b. Shares are
Q5
Which of the following statements regarding closed-end funds is/are not true?
a. They trade at a premium or discount to NAV
b. Shares are traded on a secondary market
c. They have an unlimited initial market capitalization
d. a & b
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International Financial Reporting And Analysis
Authors: David Alexander, Ann Jorissen, Martin Hoogendoorn
8th Edition
978-1473766853, 1473766850
