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Pastimes : John Dessauer's Investors World

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To: DWB who wrote (1732)10/21/1998 10:20:00 AM
From: Wren   of 2346
 
Yes, the DGE had a provision that if it sold at a discount to its NAV it would open end or something. I don't remember exactly - maybe a greater than 5% discount for some length of time would trigger this provision.

It closed yesterday up to 10 3/16, which is getting close to NAV
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