How Is an ETF Similar to a Closed-End Fund

question 29

Multiple Choice

How is an ETF similar to a closed-end fund?

• A) Shares are traded on a securities exchange or in the over-the-counter market.
• B) An investor can purchase as little as one share of a fund.
• C) Prices are determined by supply and demand and the value of stocks and other investments contained in the portfolio.
• D) Prices are determined by investor expectations.
• E) All of these are correct.

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Definitions:

Group-Oriented

An approach or strategy that emphasizes collective performance, actions, or outcomes over individual accomplishments.

Cohesive

Characterized by unity and consistency within a group of elements or parts, often referring to the coherence in written or spoken discourse.

Manifest

Apparent or observable.

Violent Television

Refers to television programming that includes scenes of physical or emotional violence, which can impact viewers' perceptions and behavior.