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3-One of your clients is interested in purchasing a closed-end fund as part of their...

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Accounting

3-One of your clients is interested in purchasing a closed-end fund as part of their portfolio. They want to contribute $500 bi-weekly in line with their paydays. How would you handle this request?

A-Advise your client that she cannot make bi-weekly contributions automatically as it would not take load fees into account

B-Advise your client that she cannot make bi-weekly contributions automatically as closed-end funds cannot offer partial units

C-Advise your client that she would have to choose a fund that offers that service as not all closed-end funds allow pre-authorized contributions

D-Set up the Pre-authorized contribution on behalf of your client

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