Question 10 12 points d What helps explain the popularity of

Question 10 (1.2 points) d What helps explain the popularity of mutual funds? l. Mutual funds require a smaller initial investment than stocks or bonds. Il. Mutual funds are a primary investment choice in retirement plans IlI. Mutual funds frequently outperform market indexes. 1) Il only. 2) I and II only. 3) Il and Ill only. 4) I, II, and III.

Solution

I is incorrect because small amounts can be used to purchase stocks and bonds as well

II and III only are correct

 Question 10 (1.2 points) d What helps explain the popularity of mutual funds? l. Mutual funds require a smaller initial investment than stocks or bonds. Il. Mu

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