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Many exchange-traded funds limit their portfolios to high quality securities sto

ID: 2626816 • Letter: M

Question

Many exchange-traded funds limit their portfolios to

high quality securities

stocks and bonds of companies in a particular industry

stocks included in an aggregate measure of stock prices

stocks that respond to changes in consumer prices (the Consumer Price Index or CPI)

a.

high quality securities

b.

stocks and bonds of companies in a particular industry

c.

stocks included in an aggregate measure of stock prices

d.

stocks that respond to changes in consumer prices (the Consumer Price Index or CPI)

Explanation / Answer

ANSWER:

(c) Many exchange-traded funds limit their portfolios to stocks included in an aggregate measure of stock prices

Thanks

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