The amount by which a closed-end fund's share price in the secondary market is above the fund's NAV is called the

A) market value.
B) premium.
C) discount.
D) par value.


Answer: B

Business

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a. True b. False Indicate whether the statement is true or false

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Which of the following does not describe an approach for buying national brand merchandise?

A. Vendors meeting with buyers at their offices to review and reorder last week's best sellers B. Buyers meeting national brand vendors in wholesale market centers C. Buyers using reverse auctions to procure seasonal merchandise D. Buyers attending trade shows to see the latest products and styles E. Buyers discussing the performance of the vendor's merchandise during the previous season

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A bond with a face value of $10,000 has a current price quote of 102.62 . The price in dollars and cents is

a. $10,002.62. b. $10,200.62. c. $10,026.20. d. $10,262.00.

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The first step at the car dealership is to negotiate the best price that you can on the car that you need

Indicate whether this statement is true or false.

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