Which of the following types of ETFs are mutual fund licensed sales people NOT ALLOWED to sell? I index tracking ETFs Il inverse ETFs III commodity ETFs IV passive ETFs O II & IV only 1 & IV only I & Ill only 11 & Ill only Your client has the following portfolio which has an expected annual return of 12.39% Security ABC Co. DEF Co. GH Co. Market Value $20,000 $25,000 $45,000 What will the portfolio be worth in one year if the expected growth happens due to price appreciation? a) $99.000 Ob) $100,200 Oc) $101.151 d) none of the above A client has approached you with the following information: Security Expected Return Market Value ABC Co. 7% $20.000 DEF Co. 12% $25,000 GHI Co. 15% $45,000 If the client holds the given market values of the above securities in their portfolio, what is the investor's expected return? a) 11.33% b) 11.83% C) 12.41% d) 12.39%