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Options
- A
At a price higher than NAV
- B
At a price lower than NAV
- C
At a price same as NAV
-
At a price which can be higher or lower or same as NAV
Correct answer
Why this is the answer
Close-ended funds are traded on stock exchanges. The price at which they are sold may vary from the NAV (Net Asset Value) depending on market demand, liquidity, and investor sentiment. It can be higher, lower, or the same as the NAV.
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