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In the case of illiquid securities that have not recently traded, the fund manager can...

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Finance

In the case of illiquid securities that have not recently traded, the fund manager can use fair value pricing to determine the market price of the ETF.

This statement is TRUE

This statement is FALSE.

The benchmark index for an ETF is always a broad-based stock market index, such as the S&P 500.

A.

This statement is TRUE
B.

This statement is FALSE

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