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Author Question: Which of the following characteristics apply to closed-end mutual funds?I.Unlimited number of ... (Read 23 times)

majortom123

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on: Mar 29, 2022
Which of the following characteristics apply to closed-end mutual funds?

I.Unlimited number of outstanding shares.
II.Transactions are between shareholders.
III.Market prices may be higher or lower than NAV.
IV.Fund will repurchase shares at any time.

◦ I and IV only
◦ II and III only
◦ I, II and III only
◦ II, III and IV only
Fundamentals of Investing ¦ Zutter, Smart ¦ 14th Edition
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Marked as best answer by majortom123 on Mar 29, 2022

KeriJennin

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Reply #1 on: Mar 29, 2022
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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majortom123

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Reply 2 on: Mar 29, 2022
YES! Correct, THANKS for helping me on my review

epscape

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

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