Why might the price of a share of a closed-end fund diverge from its NAV?

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Bond Markets Analysis and Strategies

ISBN: 978-0133796773

9th edition

Authors: Frank J.Fabozzi

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Question Posted: Aug 22, 2015 07:38 AM

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Why might the price of a share of a closed-end fund diverge from its NAV?

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Unlike openend bond funds the NAV for a closedend bond fund is determined by supply and demand in th...View the full answer

Bond Markets Analysis and Strategies

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