One seeming violation of the Law of One Price is the pervasive discrepancy of closed-end fund prices

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One seeming violation of the Law of One Price is the pervasive discrepancy of closed-end fund prices from their net asset values. Would you expect to observe greater discrepancies on diversified or less-diversified funds? Why?

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Investments

ISBN: 9780073530703

9th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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Question Posted: Jan 04, 2013 07:54 AM

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One seeming violation of the Law of One Price is the pervasive discrepancy of closed-end fund prices

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Investments

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