What is the difference between an open-end and a closed-end fund? Which type might show a discount?

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What is the difference between an open-end and a closed-end fund? Which type might show a discount? Is a discount an advantage or disadvantage? Explain.

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Personal Finance An Integrated Planning Approach

ISBN: 978-0136063032

8th edition

Authors: Ralph R Frasca

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Question Posted: Mar 19, 2015 10:43 AM

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What is the difference between an open-end and a closed-end fund? Which type might show a discount?

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An openend fund is a fund that sells shares to anyone at its NAV and is not publicl...View the full answer

Personal Finance An Integrated Planning Approach

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