Which of the Following Statements Is NOT Correct

question 36

Multiple Choice

Which of the following statements is NOT correct?

• A)ETFs are like index mutual funds in that the share price adjusts over time in response to changes in the index level.
• B)ETFs normally do not have capital gains and losses that must be distributed to shareholders.
• C)The portfolio management of both ETFs and index mutual funds is very complex.
• D)ETFs can be traded throughout the day.

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Definitions:

Agitated

A state of increased restlessness or activity, often indicative of distress or an emotional response to discomfort or illness.

Delirious

A state of mental confusion that can include illusions, disorientation, and irrational behavior, often due to illness or intoxication.

Side Effects

Unintended, often adverse reactions to a drug or treatment.

Daily Aspirin

The routine intake of a low-dose aspirin, often prescribed to prevent blood clots and reduce the risk of heart attack or stroke.