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Business, 27.12.2020 15:40 piceanav

S. I.D. Asset Management initiated an open-end and a closed-end mutual fund a few years ago. If you want to invest in the funds today, you: a. Must purchase shares of each fund in the secondary (stock) market.
b. May purchase shares of each fund in either the primary (from the investment company) market or the secondary (stock) market.
c. Must purchase shares of the open-end fund in the secondary (stock) market, and shares of the closed-end fund in the primary (from the investment company) market.
d. Must purchase shares of the open-end fund in the primary (from the investment company) market, and shares of the closed-end fund in the secondary (stock) market

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S. I.D. Asset Management initiated an open-end and a closed-end mutual fund a few years ago. If you...

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