The Primary Objective of an Equity-Income Fund Is

question 64

Multiple Choice

The primary objective of an equity-income fund is

• A)capital gains.
• B)current income with capital preservation.
• C)potentially high capital gains with limited income.
• D)high risk-return trade-offs.

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Definitions:

Interest Rate

The percentage at which interest is charged or paid on borrowed or lent money over a specific period.

Originally Scheduled Payments

Originally scheduled payments refer to the payments planned and agreed upon at the outset of a loan or mortgage, before any adjustments or changes.

Replacement Payments

Payments made to compensate for goods or services that were faulty, damaged, or otherwise inadequate, ensuring the recipient receives what was originally contracted.

Interest Rate

A percentage that measures the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed.