Which of the Following Statements Regarding Mutual Funds Is True

question 97

Multiple Choice

Which of the following statements regarding mutual funds is true?

• A) Higher-performing funds generally have higher expenses.
• B) Bond funds generally have higher expenses than stock funds.
• C) Index funds generally have higher expenses than non-index funds.
• D) Lower performing funds generally have higher expenses.

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Definitions:

Log10

Log10 refers to the logarithmic function with base 10, used to determine the power to which the base must be raised to obtain a given number.

Natural Logarithm

The logarithm to the base e, where e is an irrational constant approximately equal to 2.718.

Stdlib.h

A header file in the C standard library that contains declarations for standard utility functions for performing general functions, such as dynamic memory allocation, random numbers, and other utilities.

Rand()

A function in many programming languages used to generate a pseudo-random number within a specified range.