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Which of the following applies to Open Ended funds? none of the answers listed here. B. their shares are issued and redeemed at the sponsoring

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Which of the following applies to Open Ended funds? none of the answers listed here. B. their shares are issued and redeemed at the sponsoring firm at the closing NAV. their shares trade on exchanges and there is an explicit arbitrage mechanism. their shares trade on exchanges and there is no explicit arbitrage mechanism

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