Which Type of Mutual Fund Consists of Both Stocks and Bonds

question 105

Multiple Choice

Which type of mutual fund consists of both stocks and bonds with a combined objective of current income and long-term capital gains?

• A) equity-income
• B) balanced
• C) value
• D) bond

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Definitions:

Ownership Percentage

The share or portion of ownership an individual or entity holds in an asset or business, usually represented as a percentage.

Raw Materials

Unfinished goods or materials consumed in the manufacturing process to create a final product.

Currency Exchange Rates

The worth of a currency in exchange for a different currency.

Equivalent Amount

The equal value of currency or expression of a sum in a different form or denomination, maintaining its value.