All the following are true of management companies, except: A They may continually trade the...
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Finance
All the following are true of management companies, except: A They may continually trade the securities in their portfolios B The liquidation price is always higher than the fund's NAV c The market price of the shares held in their portfolios are determined by supply and demand If the value of the securities in their portfolios decrease, it will cause the NAV per share to decrease
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