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Question

For investors who want a diversified portfolio of stocks and bonds, mutual funds and ETF’s offer a convenient vehicle for managing your investments.

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Solution Preview

The easiest way to highlight the advantage of trading like a stock is to compare it to the trading of a mutual fund. Mutual funds are priced once per day, at the close of business. Everyone purchasing the fund that day gets the same price, regardless of the time of day their purchase was 

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