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Keywords: Closed-end fund puzzle
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Journal Articles
Journal:
Managerial Finance
Managerial Finance (2020) 46 (8): 1001–1022.
Published: 25 February 2020
...Steve Fortin; Ahmad Hammami; Michel Magnan Purpose This study examines the long-term link between fair valuation uncertainty and discounts/premia in closed-end funds. This study argues that, in exploring the close-end funds puzzle, prior research generally omits to consider the uncertainty...
