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Which of the following is TRUE regarding Closed End Funds? 1. They can only be bought from and sold to the fund company. II. They

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Which of the following is TRUE regarding Closed End Funds? 1. They can only be bought from and sold to the fund company. II. They invest passively in stock indexes III. They are always bought and sold at NAV IV. They are corporations that issue shares and use the proceeds to invest in securities. OI only 4 OIV only Il and Ill only I and Ill only

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