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Could you elaborate on exchange-traded notes (ETNs) and their function in the financial markets? Specifically, I'm interested in understanding how ETNs differ from traditional bonds, the risks involved in investing in ETNs, and whether they offer any unique benefits to investors? Additionally, could you explain how ETNs are priced and how their returns are determined? Are ETNs suitable for all types of investors, or are they more suitable for specific categories of investors? Finally, what are some of the key factors investors should consider before purchasing ETNs?
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