What are the differences between an ETF and a mutual fund?
A) An ETF can be traded like a share of common stock.
B) An ETF can be purchased on margin or sold short like a share of common stock.
C) An ETF is more tax-efficient than most mutual funds.
D) All of the above are correct.
E) Only A and C are correct.
Answer: D
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What should Captain Stubing's objective function be?
A) Max Z = 1500 Bar + 5000 Food + 17000 Excursion B) Max Z = Bar + Food + Excursion C) Max Z = 900 Bar + 1500 Food + 5000 Excursion D) Max Z = 5 Excursions + 12 Cuisine + 7 Bar + 150000 Budget
A dynamic condition in which an individual is confronted with an opportunity, constraint, or demand related to what he or she desires, and for which the outcome is perceived to be both uncertain and important is ________
A) distress B) cultural shock C) responsibility D) stress E) panic