In 2016, the Proportion of Hybrid (Bond and Stock) Mutual

question 23

Multiple Choice

In 2016, the proportion of hybrid (bond and stock) mutual funds (based on total assets) was

• A) 21.7%.
• B) 28.0%.
• C) 54.1%.
• D) 8.5%.
• E) 22.6%.

---

Definitions:

Profit

Financial gain obtained from an investment, operation, or venture after subtracting the expenses.

Land

The solid part of the earth's surface, considered as property and subject to ownership and use rights.

Future Interest

A person’s present right to property ownership and possession in the future.

Conditional Estate

A form of property ownership that is subject to certain conditions or the occurrence of a specific event.