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Closed-end funds stand ready to redeem or issue shares at their net asset value. True False QUESTION 2 A is a private investment pool open

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Closed-end funds stand ready to redeem or issue shares at their net asset value. True False QUESTION 2 A is a private investment pool open only to wealthy or institutional investors that is exempt from SEC regulation and can therefore pursue more speculative policies than mutual funds. commingled pool Unit Trust Hedge Fund Money Market fund

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