Please help me these question Question I: THE Annual Discounts of CLOSED END stock FUNDs. This figure

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Question I: THE Annual Discounts of CLOSED END stock FUNDs.

This figure plots the year-end percentage discounts of all the individual closed end stock funds in the U.S. from 1960 to 1985 (the scattered dots). A negative value represents a premium. The solid line plots the average discounts across the individual closed end stock fundseach year.

1. What is the main finding of this Figure?

2. What is the explanation for the finding?

Posted Date: May 18, 2024 05:00 PM

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