A UIT Typically Issues Redeemable Securities (Or "Units"), Like a Mutual

question 355

Multiple Choice

A UIT typically issues redeemable securities (or "units") , like a mutual fund, which means:

• A) That the UITs typically will make a one-time "public offering"
• B) A UIT does not activity trade its investment portfolio
• C) That the UIT will, buy back an investor's request at their approximate net asset value
• D) All of these

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