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Questions 31 & 32 please 31. How do the managers of exchange-traded funds keep their market value close to their net asset value? A. Refuse
Questions 31 & 32 please
31. How do the managers of exchange-traded funds keep their market value close to their net asset value? A. Refuse to do business with any investor who thinks otherwise B. Apply for a government mandate with criminal penalties C. Allow purchases and redemptions, but only with securities, not cash D. Allow purchases and redemptions for cash E. None of the above 32. Advantages of exchange-traded funds over regular mutual funds include A. May buy them on margin or sell short B. May pay a commission to purchase or sell C. Can buy them any time of day D. Both A and C E. None of the aboveStep by Step Solution
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