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.
Correct Answer:
Verified
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