Sally Wants to Invest in a Fund That Invests Only

question 67

Multiple Choice

Sally wants to invest in a fund that invests only in stock. Which of the following will meet her needs?

• A) Asset allocation funds
• B) Balance funds
• C) Junk bond funds
• D) Midcap funds
• E) Short-term corporate bond funds

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Definitions:

Production Line Workers

Employees who work on the manufacturing line, directly involved in producing goods.

Milk Chocolate Bars

A confection composed of sugar, cocoa butter, milk product, and chocolate liquor, typically formed into bars.

Direct Product Cost

Expenses that are directly attributable to the production of specific goods or services, such as raw materials and direct labor.

Chocolate Covered Almonds

A confection or snack made by coating almonds with chocolate.