What is the basic difference between a closed-end fund and an open-end fund?

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Fundamentals of Investment Management

ISBN: 978-0078034626

10th edition

Authors: Geoffrey Hirt, Stanley Block

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Question Posted: Sep 21, 2015 05:18 AM

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What is the basic difference between a closed-end fund and an open-end fund?

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In a closedend fund there is a fixed number of shares an...View the full answer

Fundamentals of Investment Management

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