Question: A closed - end fund has the following attributes: ( I ) only a limited number of shares are available, ( II ) shares trade
A closedend fund has the following attributes: I only a limited number of shares are available, II shares trade on the New York Stock Exchange, III when selling shares of a closedend fund, the price is equal to the net asset value, IV closedend funds are sold commissionfree.
I
I and II
III and III
IIIIII and IV
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