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courtneyjuma courtneyjuma
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A month ago
Which of the following characteristics apply to exchange-traded funds (ETFs)?

I.Unlimited number of outstanding shares.
II.Typically track the performance of some index.
III.Market prices reflect demand for the fund rather than NAV.
IV.Shares are purchased from and redeemed by the investment company managing the fund.


▸ I and II only

▸ II and III only

▸ I, II and III only

▸ I, II and IV only
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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anitasaganitasag
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#1
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A month ago
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More questions for this book are available here
I and II only
1

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courtneyjuma
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A month ago
Thank you, thank you, thank you!
Ifekwunigwe
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Yesterday
Good timing, thanks!
zsc999
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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