Please help with the following questions:

QUESTION 7 Which statement regarding exchange-traded funds (ETFS) is correct? ETFs: O a. disclose their holdings on a quarterly basis O b. offer a creation/redemption mechanism that allows any investor to create or redeem shares O c. trade in both primary and secondary markets QUESTION 8 ETF creation basket and current prices are presented in the table below. What is the premium/disount on this ETF? Stock # shares Price ($ ) Creation basket Stock 1 2000 50 Stock 2 5000 60 Stock 3 3000 70 Stock 4 8000 30 ETF 20000 45 O a. $0.50 O b. $2.50 O c. -$2.50 O d.-$0.50 QUESTION 9 S&P 500 index had a daily returns of 6.5%, -3.8% and 4.7% over the last 3 days. A 3X levered ETF on S&P 500 index has a daily return target of 3 times S&P 500. How much has the levered ETF deviated from the S&P performance over this period (find difference between expected and realized 3-day cumulative return for the levered ETF)? O a. 1.00% O b. 13.54% O c. -1.00% O d.-13.54% QUESTION 10 Which of these arguments and empirical findings do not support transition from active to passive management? O a. CAPM O b. Behavioral finance O c. Track record of active managers (performance) O d. Efficient market hypothesisQUESTION 11 Trends in investment management include which of the following (select all that apply): a. Active to passive O b. Investing beyond returns O c. Big Data O d. Fee compression O e. Smart alpha QUESTION 12 Which of the following are popular smart beta factors? O a. trading volume O b. asset (investment) growth O c. low-volatility O d. value O e. momentum QUESTION 13 Which of the following areas are of particular interest to investment managers when it comes to the Big Data trend (select all that apply)? O a. text O b. pictures O c. social media O d. search QUESTION 14 Which of the following reasons have been cited as explanations for fee compression (select all the apply)? O a. Individual fund fees have been falling. O b. Assets have been flowing into the lowest-fee funds in each category. O c. Shift from active to passive management? O d. New funds launch with lower fees. QUESTION 15 With Big Data proliferation, investment managers now use search to: a. determine personality of key corporate employees. O b. examine body language during investor presentations. O c. find who works for which companies? O d. improve sales forecasts for companies