One advantage gained by investing in a bond fund rather than in individual bonds is the
A) ability to earn fully compounded rates of return.
B) guarantee that the bonds will be held to maturity to avoid market fluctuations.
C) government guarantee protecting the bond principal.
D) ability to earn a capital gain.
Correct Answer:
Verified
Q34: Socially responsible funds are distinguished from other
Q35: Exit fees
A) are charged if an investor
Q36: Investors should never use managed funds to
Q37: Listed funds are
A) purchased directly from the
Q38: Most exchange-traded funds are index funds.
Q40: An unlisted investment company
A) sells shares at
Q43: The managed fund, and not the investor,
Q44: The longer you intend to hold a
Q54: Socially responsible funds tend to underperform the
Q94: Funds that consistently earn above average rates
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