Describe the empirical patterns for the CEF discount and discuss the behavioral and rational explanations.

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Mutual Funds And Exchange Traded Funds Building Blocks To Wealth

ISBN: 9780190207434

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Authors: H. Kent Baker, Greg Filbeck, Halil Kiymaz

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Question Posted: Nov 28, 2023 05:35 AM

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Describe the empirical patterns for the CEF discount and discuss the behavioral and rational explanations.

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The ClosedEnd Fund CEF discount refers to the situation where the market price of a closedend funds shares trades at a lower value discount compared to the net asset value NAV of the funds underlying ...View the full answer

Mutual Funds And Exchange Traded Funds Building Blocks To Wealth

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