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ETFs trade on an exchange like stocks and, because of arbitrage opportunities, the price on the exchange typically has only a small discount or premium

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ETFs trade on an exchange like stocks and, because of arbitrage opportunities, the price on the exchange typically has only a small discount or premium to the ETF's NAV. Thus, there is no good reason why the change in an ETF's value would not be equal to the change in the benchmark it is attempting to mimic. True False

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