Subtract. --1106 - (-1127)

question 133

Multiple Choice

Subtract.
--1106 - (-1127)

• A) 2233
• B) -2233
• C) -21
• D) 21

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Definitions:

Unit Investment Trusts

An investment company offering a fixed portfolio of securities in a one-time public offering, with units redeemable on demand.

Short-selling

The practice of selling securities or other financial instruments that are not currently owned, with the intention of repurchasing them later at a lower price.

120/20 Fund

A type of mutual fund that employs a long/short strategy, allowing it to invest 120% in long positions and -20% in short positions.

Prospectus

A formal document that provides details about an investment offering for sale to the public.