Question: The main difference between a closed-end fund and an open-end fund is a. there is no significant difference. b. the type of allowable investments. c.

The main difference between a closed-end fund and an open-end fund is

a. there is no significant difference.
b. the type of allowable investments.
c. the minimum initial investment.
d. the way in which each is regulated by the SEC.
e. the way each is traded after the initial public offering.

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