Which of the Following Is a Difference Between Exchange Traded

Which of the following is a difference between Exchange Traded Funds (ETFs) and mutual funds?

A) Unlike mutual funds, ETFs are bought and sold just like shares of corporate stock.
B) Unlike mutual funds, ETFs represent ownership in a broad portfolio of securities.
C) Unlike mutual funds, ETFs are a relatively old investment vehicle.
D) Unlike mutual funds, ETFs are professionally managed.

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