Investors in closed-end funds who wish to liquidate their positions must Multiple Choice sell their shares to the issuer for net asset value. sell their shares through a broker. sell their shares to the issuer at a discount to net asset value. hold their shares to maturity.

A bond is a formal contract to repay borrowed money with interest at fixed interval. Thus, bond is also the same as loan in which you borrow money and then repay it with certain interests. Lender is the on one who credit you money, Issuer is the debtor and coupon is the interest.