Question

ETFs have several advantages over index funds including the ability to:
I. trade throughout the day at continuously updated prices.
II. purchase ETF shares on margin.
II. sell ETF shares short.
IV. sell the shares back to the fund.
A. I, II, and III only
B. I, III, and IV only
C. II, III, and IV only
D. II and III only
E. I, II, III, and IV

Answer

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