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Author Question: Which of the following characteristics apply to exchange-traded funds (ETFs)?I.Unlimited number of ... (Read 56 times)

joe3899

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on: Mar 29, 2022
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
Fundamentals of Investing ¦ Zutter, Smart ¦ 14th Edition
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Marked as best answer by joe3899 on Mar 29, 2022

gwisel

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Reply #1 on: Mar 29, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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joe3899

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Reply 2 on: Mar 29, 2022
YES! Correct, THANKS for helping me on my review

xiaomengxian

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Reply 3 on: Yesterday
:D TYSM

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