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Keywords: Closed-end fund puzzle
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Journal Articles
Journal of Property Investment & Finance (2016) 34 (4): 347–374.
Published: 04 July 2016
... a new approach to NAV discount puzzle that takes into account market sentiment and appraisals. REITs Leverage Noise traders Closed-end fund puzzle Market sentiment NAV discount Real Estate Investment Trusts (REITs) can be regarded as a special case of closed-end funds, and hence...
