Studies of Mutual Fund Performance

question 19

Multiple Choice

Studies of mutual fund performance

• A) indicate that one should not randomly select a mutual fund.
• B) indicate that historical performance is not necessarily indicative of future performance.
• C) indicate that the professional management of the fund insures above market returns.
• D) a and b.
• E) b and c.

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Definitions:

Multiply

A mathematical operation that combines two quantities to produce a product.

Standard Form

A way of writing numbers, especially large numbers, by expressing them as a power of ten, or, in algebra, a way of writing equations.

Multiply

The operation of adding a number to itself a certain number of times, equivalent to repeated addition.

Standard Form

A way to write numbers using the digits 0-9, with each digit having a place value. In algebra, it refers to a way of arranging equations to a specific form.