An ETF is a. a contract that gives a buyer the right to buy or sell a

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An ETF is

a. a contract that gives a buyer the right to buy or sell a security at a specified price on or before a certain date.

b. an agreement between a buyer and seller to buy an asset at a later date at a specified time.

c. an investment fund that is valued by its net asset value at the end of a trading day.

d. an investment that holds a collection of investments and trades like a stock.

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Better Business

ISBN: 9780134522746

5th Edition

Authors: Michael Solomon, Mary Poatsy, Kendall Martin

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