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Kay Powers Wants to Diversify Her Portfolio by Investing in a Firm

Question 38

Multiple Choice

Kay Powers wants to diversify her portfolio by investing in a firm that has the potential to earn above average profits compared to other firms in the economy.What type of stock is Kay thinking about adding to her portfolio?


A) Defensive stock
B) Cyclical stock
C) Small cap stock
D) Blue chip stock
E) Growth stock

Correct Answer:

verifed

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