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Phyllis Payne Is Buying Shares in a Mutual Fund That

Question 70

Multiple Choice

Phyllis Payne is buying shares in a mutual fund that invests in companies with a long history of paying a dividend whose objective is to provide income to shareholders.What type of mutual fund is she buying?


A) Aggressive growth fund
B) Equity income fund
C) Global stock fund
D) International fund
E) Regional fund

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