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Kathleen has heard that Exchange-Traded Funds (ETFs) are a popular choice for beginners due to their low fees. However, she wants to ensure she fully understands their characteristics before investing. Which of the following is false on Exchange-Traded Funds (ETFs)?
Select one:
a. give access to marketability
b. provide economies of scale
c. have a Net Asset Value Per Share
d. offer diversification
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