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Potvin Potvin
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7 years ago
Which of the following statements best describes mutual funds?
A) They are illegal in the United States, but popular in Europe.
B) They enable investors to buy many shares of stock in a single firm at a lower cost than using a stockbroker.
C) They provide good investment returns, but insufficient diversification.
D) They enable many investors with limited funds to buy a diversified portfolio.
E) They appeal only to wealthy investors.
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 1st
Authors:
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BlimpBlimp
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7 years ago
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Pol. Sci. Major
Minoring in Business
Columbia University Sophomore

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Potvin Author
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#2
7 years ago
I posted without any expectations, this surpassed my expectations
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