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QUESTION 73 SID Asset Management initiated an open-end and a closed-end mutual fund a few years ago. If you want to invest in the funds
QUESTION 73 SID Asset Management initiated an open-end and a closed-end mutual fund a few years ago. If you want to invest in the funds today, you must purchase shares of each fund in the secondary (stock) market may purchase shares of each und in either the primary from the investment company) market or the secondary (stock) market must purchase shares of the open end fand in the secondary stock market and shares of the closed and fund in the primary (from the investment company market must purchase shares of the open ond fund in the primary from the westment company market and shares of the closed end tund in the secondary (stock) market QUESTION 74 Consider a five year annuity with an annual cash flow of $2.500 and a 25% rate of discount yield of the maturity is rased to six years, all else the same price decreases increases does not change
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