An ETF Is Best Described As

question 105

Multiple Choice

An ETF is best described as:

• A)an index fund that trades like a closed-end fund.
• B)a closed-end fund that trades like a stock.
• C)a sector fund that trades like a bond.
• D)an index fund that trades only at the end of each day.
• E)an international fund that trades like a domestic stock.

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Definitions:

Innate

Describes characteristics or abilities present from birth, not acquired through experience.

Inner Ear Membrane

A delicate structure within the inner ear that plays a crucial role in hearing and balance, responding to sound waves and head movements.

Audition

The sense or act of hearing.

Proximal Stimulus

The physical energy from a stimulus that directly interacts with and is detected by the sensory organs.