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4 Which of the following is FALSE about the differences between ETFs and Mutual Funds? of Select one or more: a. The Mutual Fund Industry

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4 Which of the following is FALSE about the differences between ETFs and Mutual Funds? of Select one or more: a. The Mutual Fund Industry is much larger than the ETF industry O b. ETFs can be traded just like stocks; you can trade Mutual Funds just once a day through your broker w c. Mutual Funds are diversified; ETFs are not O d. Mutual Funds were introduced before ETFs A stock's alpha is 1.2% and its CAPM return is 10.2%. What is the stock's holding period return? Answer: Next page Which of the following is true about diversification? Select one or more: a. diversification eliminates all risk O b. diversification results in higher returns c. diversification results in lowest possible risk d. diversification results in higher Sharpe ratios h

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