In Order to Sell Shares in a Closed-End Fund, an Investor

question 25

True/False

In order to sell shares in a closed-end fund, an investor must wait until the investment company is ready to repurchase the investor's shares.

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Definitions:

Federal Emergency Management Agency

A U.S. government agency dedicated to responding to and mitigating the impacts of disasters and emergencies.

Proposed Rule

A set of suggested regulations that is put forward for discussion before becoming legally enforceable.

Genetically Modified Agricultural Products

Crops or livestock that have had their genetic material altered using genetic engineering techniques to introduce desirable traits.

Congress

The legislative body of the United States government, composed of the House of Representatives and the Senate.