Paul has purchased individual stocks in five companies. One company is in the telecommunications industry, one is in the oil and gas industry, one is in the transportation industry, one is in the pharmaceutical industry, and one is in the technology industry. This is an example of:
A) nondiversification.
B) diversification.
C) an exchanged-traded fund.
D) an index fund.
Correct Answer:
Verified
Q55: The bonds that have the highest risk
Q56: How often do bond rating agencies change
Q57: _ of returns is a method of
Q58: A key guideline for long-run success in
Q59: _ is an investment technique that reduces
Q61: A financial investment that pools money from
Q62: _ pools money from multiple investors and
Q63: _ is a fund that automatically invests
Q64: The _ is the theory that financial
Q65: The _ is the idea that the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents