Which Type of Mutual Fund Invests in Corporate Bonds with Maturities

question 31

Multiple Choice

Which type of mutual fund invests in corporate bonds with maturities in excess of 10 years?

• A)Junk bond fund
• B)Long-term corporate bond fund
• C)Municipal bond fund
• D)Short-term government bond fund
• E)World bond fund

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Definitions:

Multidose Reconstituted

Pertaining to a medication that is mixed with a solvent to achieve a liquid form and can be used for multiple doses.

Subsequent Use

Refers to the application or employment of something after the initial use or in a sequence following the first occurrence.

Reconstituted

Describes a substance that has been returned to its original state by adding water or another solvent to a concentrated or dry form.

Unknown Date

A reference to a specific date that is not specified or known.