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Jaime has gone through a series of steps that helped her gradually adapt and overcome her fear of the high diving board.When she has conquered her fear, we say that which of the following has occurred?
Money Market Funds
Investment funds that pool money from investors to purchase short-term, high-quality debt securities and aim to provide returns with lower risk.
Equity Funds
Mutual funds that invest primarily in stocks, aiming for growth by capital gains rather than income from dividends or interest.
Bond Funds
Investment funds that exclusively invest in bonds, offering investors exposure to the fixed income market.
Mutual Fund Assets
The total value of all the securities and cash held by a mutual fund, representing the fund's overall portfolio size.
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