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Learning Goal: I’m working on a finance question and need guidance to help me learn.Learning Goal: I’m working on a finance writing question and need an explanation and answer to help me learnWhat explains the patterns in Exhibit 2 and Exhibit 4? Why is there a time varying discount/premium? Why is there a discount at all? Why does that premium vary across funds? Include: Demand exceeding supply. Market price higher The price of close-end funds depends on demand.
Requirements: A page long, double spaced | .doc file
Requirements: A page long, double spaced | .doc file
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