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GoodMad_ GoodMad_
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One difference between open-end and closed-end funds is that
A) open-end shares can be purchased by the general public, while closed-end shares are available only to fund directors.
B) open-end funds have no maturities, while closed-end funds are dissolved after a given number of years.
C) closed-end funds control and manage open-end funds.
D) shares of an open-end fund are bought and sold directly from or to the fund, while closed-end shares are bought and sold like the shares of any corporation.
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
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bzapianbzapian
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