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34. One reason why ETFs can offer lower expense ratios is: A. They have higher returns than ALL mutual fund companies B. They are traded

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34. One reason why ETFs can offer lower expense ratios is: A. They have higher returns than ALL mutual fund companies B. They are traded on exchanges and that generates income for them C. They mimic a portfolio and hence don't spend a lot of money researching which stocks to buy for their portfolio D. They really don't have lower fees. The above statement is false

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