Business, 18.03.2021 02:30 ashtonbillups
Which of the following is a difference between an exchange traded fund (ETF) and a mutual fund?
A. An ETF is a fixed income instrument, whereas a mutual fund is a variable income instrument
An ETF can only be traded at the end of the day, whereas a mutual fund can be bought or sold throughout the trading day.
An ETF is a convertible security, whereas a mutual fund is a nonconvertible security
An ETF provides more favorable tax treatment than a mutual fund
An ETF is a hybrid security, whereas a mutual fund is not a hybrid security
Answers: 1
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Which of the following is a difference between an exchange traded fund (ETF) and a mutual fund?
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