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Author Question: Which of the following characteristics is nottrue of closed-end funds? (Read 77 times)

rosent76

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on: Apr 14, 2019

Question 1

Existing shares of closed-end mutual fund companies are purchased


◦ from the investment company directly.
◦ from the investment company through a broker.
◦ from other investors in the stock market.
◦ from a bank.

Question 2

Which of the following characteristics is 
not true of closed-end funds?


◦ They can be load or no-load funds.
◦ They do not repurchase shares from investors.
◦ They are bought and sold on stock exchanges.
◦ They may sell above or below NAV.
Personal Finance ¦ Madura ¦ 6th Edition
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Marked as best answer by rosent76 on Apr 14, 2019

Qarqy

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Reply #1 on: Apr 14, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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rosent76

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Reply 2 on: Apr 14, 2019
YES! Correct, THANKS for helping me on my review

vickyvicksss

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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