Val Wants to Invest in a Fund Whose Primary Objective

question 72

Multiple Choice

Val wants to invest in a fund whose primary objective is to conserve principal, provide income, and provide long-term growth. Which of the following will best meet her needs?

• A) Cyclical funds
• B) Balanced funds
• C) Junk bond funds
• D) Midcap funds
• E) Short-term corporate bond funds

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Definitions:

Socialization

Learning from parents and others what is desirable and undesirable conduct in a particular culture.

Desirable Behavior

Actions or conduct that are considered appropriate, beneficial, or valued within a specific context or by society at large.

Social Cues

Nonverbal or environmental signals that guide social interactions by influencing one's behavior in the presence of others.

Natural Selection

The process by which biological traits become either more or less common in a population due to the effect on the survival and reproduction of organisms.