Closed-End Investment Company Stock Analysis

Stock of Closed-End Investment Companies

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Question

The stock of a closed-end investment company ________.

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Explanations

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A. B. C. D.

B

A close-end investment company operates like any other public firm. Its stock trades on the regular secondary market and the market price is determined by supply and demand. Closed-end typically means the company offers no further shares, thus shares can only be bought over from existing shareholders.