Which of the Following Characteristics Apply to Exchange-Traded Funds (ETFs)

question 8

Multiple Choice

Which of the following characteristics apply to exchange-traded funds (ETFs) ?
I.unlimited number of outstanding shares
II.typically track the performance of some index
III.market prices reflect demand for the fund rather than NAV.
IV.shares are purchased from and redeemed by the investment company managing the fund.

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

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Definitions:

Myocardial Contraction

The phase of the cardiac cycle during which the heart muscle contracts, forcing blood out of the chambers.

Coronary Blood Vessels

The arteries that supply blood to the heart muscle itself, crucial for its function and vitality.

Arteries

Blood vessels that carry oxygen-rich blood away from the heart to the body's tissues and organs.

Auricle

Part of the external ear that protrudes from the side of the head; also called pinna. Small pouch projecting from the superior, anterior portion of each atrium of the heart.