Unit Investment Trusts Have All of the Following Features Except

question 1

Multiple Choice

Unit investment trusts have all of the following features except

• A)They usually invest in tax-exempt municipals
• B)Stipulated end to the life of the fund
• C)Little interest rate risk
• D)Actively trading the bonds in the portfolio

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Definitions:

Environmentally Ethical

Acting with consideration for the environmental impact of one's decisions and actions, aiming to reduce harm to the natural world.

Biodiversity

The variety and variability of life forms within a given ecosystem, region, or on the entire Earth.

Species

The basic unit of biological classification, defined as a group of living organisms consisting of similar individuals capable of exchanging genes or interbreeding.

Ecosystems

Communities of interacting organisms and their physical environment, functioning as a unit.