Question 18 2.2 pts The majority of stock indexes today are: Fundamental-weighted Price-weighted Equal-weighted Cap-weighted D Question 19 2.2 pts Effects of illiquidity in an ETF include all of the following, EXCEPT: pricing penalties for the seller narrower spreads higher tracking error lower trading volumes pricing penalties for the buyer D Question 20 2.2 pts The key feature of a portfolio, as contrasted with a "market basket" of assets is: a portfolio manager is not free to invest in an asset just because it is attractively valued None of the above portfolios are managed by professionals; market baskets are assembled by ordinary investors portfolios are based on indexes portfolios include many asset classes, market baskets refer only to equities (stocks)