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1. Which of the following statements is true of ETFs (Exchange-Traded Funds)? (A) ETFs are only composed of stocks and bonds. (B) ETF's always fail

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1. Which of the following statements is true of ETFs (Exchange-Traded Funds)? (A) ETFs are only composed of stocks and bonds. (B) ETF's always fail to outperform mutual funds. (C) ETFs have higher management fees than mutual funds. (D) ETFs can be bought on public exchanges like the TSX

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