A Closed End-Fund Is

question 60

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) a fund whose shares are issued by an investment company only 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:

Media Industry

A sector of the economy that creates and distributes content through various communication channels, including television, radio, print, and digital platforms.

Ownership Limitations

Legal or regulatory restrictions placed on the amount or type of media outlets that any one person or entity can own.

Media Regulation

Laws, policies, and guidelines established to control or guide the operation and content of media organizations and platforms.

Federal Communications Commission (FCC)

The U.S. governmental agency that regulates interstate and international communications by radio, television, wire, satellite, and cable.