A closed end fund's net asset value is $8.50. the market price of the fund could be: i. $8.00, ii. $8.50, iii. $9.00, iv. $9.50.
Market price can be defined as the price at which as asset can either be bought in the market or market price at which an asset can be sold in the market at a particular period of time.
Assuming the closed end fund's net asset value is the amount of $8.50. the market price of the fund could as well be $8.00, $8.50, $9.00,$9.50.
Therefore the correct options are: I, II, III, IV
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