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Even Though Indexing Is Growing in Popularity Only About _____

Question 13

Multiple Choice

Even though indexing is growing in popularity only about _____ of equity in the mutual fund industry is held in indexed funds.This may be a sign that investors and managers __________.


A) 5%; are excessively conservative
B) 10%; overestimate their ability
C) 15%; suffer from framing biases
D) 20%; engage in mental accounting

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