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July 14, 2024

Q.1. What is meant by the exercise or strike price on an option?

General Question

Q.1. What is meant by the exercise or strike price on an option?What factors influence a speculative premium on an option?( 2.5 Marks )

Q.2. What is the basic difference between a closed-end fund and an open-end fund? Define net asset value. Do closed-end funds normally trade at their net asset value? What about open-end funds? ( 2.5 Marks )

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