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Which of the following statements regarding closed-end mutual funds is false? A) The funds always trade at a discount B) the funds redeem shares at
Which of the following statements regarding closed-end mutual funds is false?
A) The funds always trade at a discount
B) the funds redeem shares at their net asset value
C) the funds offer investors professional management
D) the funds always trade at a discount from NAV and redeem shares at their net asset value
E) none of the options
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Personal Finance
Authors: Jack Kapoor, Les R. Dlabay, Robert J. Hughes
2nd Edition
0256079056, 9780256079050
