What is an exchange-traded fund

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Reference no: EM131656967

What is an exchange-traded fund (ETF) ?

a. an organization of individuals coordinated to provide an institutional auction setting in which stocks can be bought and sold

b. a bundle of stocks in an index tracking overall movement of the market

c. a financial institution that specialized in issuing and reselling new securities

d. the market in which existing stocks and bonds are sold

Reference no: EM131656967

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