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Basic Question 9 of 15

Which of the following least accurately describes ETFs?

A. ETFs are priced continuously throughout the day.
B. ETFs can be purchased on margin and sold short.
C. ETFs have front loads but no annual expenses.

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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach

Andrea Schildbach

Learning Outcome Statements

describe mutual funds and compare them with other pooled investment products

CFA® 2024 Level I Curriculum, Volume 6, Module 3.