Which of the following is NOT a major risk of investing in bonds?

1-default risk

2-tax risk

3-maturity risk

4-inflation risk

I-Which statement is false regarding closed-end funds?

1-Closed-end funds always trade at their net asset value.

2-There are far fewer closed-end funds than there are open-end funds.

3-Closed-end funds have a fixed number of shares.

4-Closed-end funds may trade on organized exchanges or in the over-the-counter market.