The Owner of a Unit Investment Trust Share

question 51

Multiple Choice

The owner of a Unit Investment Trust share

• A) must hold the share until it matures.
• B) will receive capital gain distributions but no interest income.
• C) can trade the shares in any secondary market.
• D) can resell the share to the sponsor at the ask price.

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Definitions:

Colonialism

The practice of acquiring full or partial political control over another country, occupying it with settlers, and exploiting it economically.

Geopolitical Position

The strategic importance of a country or region as determined by its geographic location in relation to political power, resources, and conflicts.

Social Structure

The organized pattern of social relationships and social institutions that together compose society.

World Income

The total income produced by all countries around the globe, often used to analyze global wealth distribution and economic health.