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kuttin kuttin
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2 years ago
Which one of the following statements concerning formula plans is correct?

▸ The use of subjective judgment is important to the routine administration of most formula plans.

▸ Formula plans are based on the adherence to a mechanical set of rules with regard to when to buy and/or sell.

▸ The objective of most formula plans is to maximize profits.

▸ Securities with very stable prices are best suited to nearly all formula plans.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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onidonid
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2 years ago
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