A Mutual Fund That Invests in the Common Stocks of Companies

question 94

Multiple Choice

A mutual fund that invests in the common stocks of companies in the same industry is called a(n) ____________ fund.

• A) growth-income
• B) income
• C) sector
• D) small-cap
• E) money market

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Definitions:

EQ

Emotional Quotient, a measure of a person's emotional intelligence, indicating their ability to sense, understand, and effectively apply the power of emotions to facilitate high levels of collaboration and productivity.

Efficient Use

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Objectives

Specific, measurable goals that are aimed to be achieved within a certain timeframe.

Strategy Plan

A comprehensive plan that outlines an organization's direction, objectives, and the actions required to achieve these objectives.