Mutual funds composed of _____ bonds with high credit ratings allow investors in high tax brackets to avoid taxes while maintaining a low degree of ______.
A) Treasury; liquidity risk
B) municipal; credit risk
C) high-yield; credit risk
D) international; exchange rate risk
Correct Answer:
Verified
Q24: The majority of closed-end funds invest in
A)derivatives.
B)bonds
Q25: Money market funds are normally perceived to
Q26: Equity real estate investment trusts invest
A)in mortgage
Q27: _ are beneficial for investors who want
Q28: A mutual fund prospectus is not required
Q30: Money market fund assets include all of
Q31: Investors can sell exchange-traded funds short.
Q32: A mutual fund's expense ratio represents the
Q33: If money market fund managers expect interest
Q34: Mutual fund managers seek securities that are
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