NO.PZ201812020100000308
问题如下:
Which
of Trey’s reasons for choosing bond mutual funds as an investment vehicle is
correct?
选项:
A.Reason 1
B.Reason 2
C.Reason 3
解释:
B
is correct. Although a significant spread between the market price of the
underlying fixed-income securities portfolio and an ETF’s NAV should drive an
authorized participant to engage in arbitrage, many fixed-income securities are
either thinly traded or not traded at all. This situation might allow such a
divergence to persist.
如题