Mutual funds eliminate the systematic risk through diversification.
Correct Answer:
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Q7: Principle 8 tells us that diversification reduces
A)risk.
B)costs.
C)profitability.
D)earnings.
E)none
Q8: The potential lower returns on mutual funds
Q9: One disadvantage of mutual fund investments is
Q10: The investor services that most mutual funds
Q11: Which of the following is a benefit
Q13: Most small investors don't have the time,expertise,or
Q14: Each individual mutual fund hires an investment
Q15: The trade-off for mutual fund diversification is
Q16: Why would someone want to give serious
Q17: Because mutual funds trade in such large
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