Explain how an exchangetraded fund that tracks an index works. What are the advantages of an exchangetraded
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Explain how an exchange‐traded fund that tracks an index works. What are the advantages of an exchange‐traded fund over (a) an open‐end mutual fund and (b) a closed‐end mutual fund?
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An exchangetraded fund ETF that tracks an index is created when an i...View the full answer
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