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With regard to the past price performance of closed-end mutual funds Multiple Choice all of the options most funds trade on a stock exchange just
With regard to the past price performance of closed-end mutual funds
Multiple Choice
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all of the options
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most funds trade on a stock exchange just like a publicly traded corporation.
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most funds have traded at both a premium and a discount to NAV.
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suggests the risk-return characteristics can be quite different from those of the securities underlying the fund.
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