Which of the Following Can You Do with an ETF

question 103

Multiple Choice

Which of the following can you do with an ETF that you cannot do with an open-end fund?
I. sell at mid-day prices
II. short sell
III. buy options on them
IV. resell

• A)I and III only
• B)II and III only
• C)III and IV only
• D)I, II, and III only
• E)I, II, III, and IV

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Definitions:

Awareness Level

The degree of consciousness or alertness an individual has toward their environment or specific stimuli.

Unconscious

Part of the mind that is inaccessible to the conscious mind but that affects behavior and emotions, a fundamental concept in psychoanalytic theory.

Subconscious

Part of the mind that operates below the level of conscious awareness, storing memories, desires, and experiences that influence conscious thought and behavior indirectly.

Id

The Id is a concept in psychoanalytic theory referring to the part of the psyche that is the source of instinctual impulses and demands for immediate satisfaction of primitive needs.