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The main difference between open - end and closed - end investment companies is that open - end investment companies: A Issue a fixed number
The main difference between openend and closedend investment companies is that openend investment companies:
A Issue a fixed number of shares
B Determine their share prices once per day
Have shares that can be bought and sold on an exchange
Have shares that are sold in an IPO
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Intermediate Financial Management
Authors: Brigham, Daves
10th Edition
978-1439051764, 1111783659, 9780324594690, 1439051763, 9781111783655, 324594690, 978-1111021573
