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WEBS differ from mutual funds in that: I. WEBS can be shorted. II. WEBS trade continuously on the AMEX III. WEBS are passively managed. A.

WEBS differ from mutual funds in that:

I. WEBS can be shorted.

II. WEBS trade continuously on the AMEX

III. WEBS are passively managed.

A. II and III only

B. II only

C. I and III only

D. I, II, and III

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