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Even Though Indexing Is Growing in Popularity, Only About ________

Question 33

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) 25%; overestimate their ability
C) 15%; suffer from framing biases
D) 25%; engage in mental accounting

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