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Which one of the following is a common characteristic of a closed-end fund but not of an open-end fund? A. professional management B. annual fees
Which one of the following is a common characteristic of a closed-end fund but not of an open-end fund?
A. | professional management | |
B. | annual fees | |
C. | stated objective | |
D. | discounted price
| |
E. | taxable distributions
|
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