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In 2018, the proportion of US mutual funds (based on total assets) specializing in common stocks was
A) 21.7%.
B) 28.0%.
C) 55.0%.
D) 73.4%.
E) 63.5%.
Common Stocks
Shares of ownership in a corporation, giving holders voting rights and a share in the company's profits through dividends.
Total Assets
The sum of all assets owned by a person or entity, including cash, investments, property, and other forms of financial and physical assets.
US Mutual Funds
Investment funds in the United States that pool money from many investors to purchase securities like stocks, bonds, and short-term debt.
- Gain an understanding of the various mutual fund categories, including money market, bond, stock, and hybrid funds, and their respective purposes.
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Learning Objectives
- Gain an understanding of the various mutual fund categories, including money market, bond, stock, and hybrid funds, and their respective purposes.
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