Multiple Choice
Donel is investing in a mutual fund that really is not as diversified as other funds.It may enjoy good capital gains but is also much riskier when it comes to unsystematic risk.This fund is called a(n) ________ fund.
A) growth-and-income
B) sector
C) life cycle
D) asset allocation
E) bond
Correct Answer:
Verified
Correct Answer:
Verified
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