In an acquisition a tender offer can only be made with the support of the management of the acquired firm

When investors liquidate an exchange-traded fund (ETF) they have held for less than 6 months, they will not pay a redemption fee, but they will pay a commission

Indicate whether the statement is true or false.

One characteristic of most index funds is that such funds typically

A) produce a large dollar amount of realized capital gains every year. B) have a very low-cost structure with respect to management fees and transaction fees. C) charge high front-end loads. D) are designed to "beat the market."