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Fofino [41]
3 years ago
15

Investors in closed-end funds who wish to liquidate their positions must a.sell their shares to other investors. b.sell their sh

ares to the issuer at a discount to Net Asset Value. c.sell their shares to the issuer at a premium to Net Asset Value. d.sell their shares to the issuer for Net Asset Value. e.hold their shares to maturity
Business
1 answer:
Molodets [167]3 years ago
6 0

Answer:

The correct answer is letter "A": sell their shares to other investors.

Explanation:

Closed-end funds are pools of assets that at the beginning raise a fixed amount of income thanks to an <em>Initial Public Offering</em> (IPO) and later on trades in a public stock exchange. Close-end funds are said to provide higher returns than open-end funds. <em>When investors have a position with a closed-end fund, to exit it the number of shares held must be sold to another investor.</em>

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Roger is wrong by 3cm, so
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Which of the following scenarios might indicate that you have been a victim of identity theft
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On January 1, your company issues a 5-year bond with a face value of $10,000 and a stated interest rate of 6%. The market intere
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Answer:

Debit Interest Expense $440.64, Debit Premium on Bonds Payable $159.36 and Credit Cash $600

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5 0
2 years ago
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Answer:

$15 per backpack

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Variable cost per backpack = (High total cost - low total cost) ÷ (High backpack produced - low backpack produced )

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6 0
3 years ago
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Answer:

B. people and community

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2 years ago
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