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Which of the following statements concerning closed-end investment companies is correct? a. Investors must sell their shares to the funds when they liquidate their investment.

Which of the following statements concerning closed-end investment companies is correct?

a. Investors must sell their shares to the funds when they liquidate their investment.

b. The capitalization of these funds is constantly changing.

c. Share prices are determined by the forces of supply and demand.

d. They never utilize financial leverage.

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