A Closed-End Fund Is

question 148

Multiple Choice

A closed-end fund is:

• A)a fund that generally invests only in the stocks or other securities contained in a specific stock or securities index.
• B)has only a certain number of shares available to investors when the fund is organized.
• C)professionally managed so investors need not monitor the performance of the fund.
• D)a fund whose shares are issued and redeemed by the investment company at the request of investors.
• E)one whose shares trade only at end-of-the-day prices.

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Definitions:

Freeze

A feature that enables users to fix certain rows or columns in place so that they remain visible while scrolling through a spreadsheet or database.

Datasheet

A view or presentation of data in rows and columns, resembling a spreadsheet, often used in databases and data analysis software.

Input Mask

A method used in data entry fields to ensure the format of the input matches a specified pattern.

Field Property

A characteristic of a field in a database, such as its data type, size, and whether it accepts null values.