Series 7 - General Securities Representative Exam
Training Mode
Premium to NAV describes
When shares of an open-end fund are trading at a higher price than the fund's NAV
A
When shares of a closed end fund are trading at a higher price than the fund's NAV
B
When shares of a closed end fund are trading at a low price than the fund's NAV
C
When shares of an open-end fund are lower at a higher price than the fund's NAV
D