If You Redeem a Large Quantity of ETF Shares, You

question 79

Multiple Choice

If you redeem a large quantity of ETF shares, you will:

• A) Receive the underlying stock
• B) Be paid in cash on the second trading day following the trade date
• C) Need to do so over a period of time rather than all in one day
• D) Be paid in cash immediately
• E) Pay a redemption fee based on the size of the transaction

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