In which TWO of the following ways do exchange-traded funds (ETFs) differ from mutual funds?
I ETF share prices may change throughout the trading day
II ETF share prices are determined at the close of the market each day
III ETF shares may be sold short
IV When ETF shares are purchased, buyers pay a sales charge
Mark For Review
A) I and II
B) II and III
C) II and IV
D) I and III