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Question # 66

Which of the following MOST accurately describes a closed-end fund?

Options:

A.

Shares trade intraday on exchanges and may sell at premiums or discounts to NAV

B.

Shares are continuously redeemable with the fund at NAV

C.

NAV is calculated only weekly

D.

They are always index-based investments

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Series 65 License Overview

Name Series 65 License
Code Series 65 License
Vendor Finance, Insurance and Real Est
Certification Financial Industry Regulatory Authority (FINRA)

Series 65 License Questions