Question: A difference between a closed end and an opened end mutual fund is that Multiple Choice the open ended funds must maintain a portion in

A difference between a closed end and an opened end mutual fund is that

Multiple Choice

the open ended funds must maintain a portion in cash to fund redemptions

a closed ended fund will always trade at exactly its net asset value per unit

prices of open ended funds vary throughout the day

open ended funds trade on stock exchanges

closed ended funds are redeemed by the investment company at the request of the investor

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