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Which statement below is False? a. The General obligation municipal bonds are backed by the full faith and credit of the issuer. O b. ETFs

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Which statement below is False? a. The General obligation municipal bonds are backed by the "full faith and credit" of the issuer. O b. ETFs can be sold short or purchased on margin. C. The CAPM model implies that a stock with a higher beta has a higher return on average. O d. When an index fund aligns its return with a value weighted index, it needs to rebalance every trading day

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