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7. Because an index fund is a mirror image of a specific index, the dollar value of a share in an index fund increases when the index increases. (Points : 2) True False
True Because an index fund is a mirror image of a specific index, the dollar value of a share in an index fund increases when the index increases.
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Expert answered|selymi|Points 9826|
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Asked 1/3/2013 11:44:44 AM
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A registered bond is a bond whose ownership is registered in the owner's name by the issuing company. True False
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A mutual fund that invests in common stocks and bonds with the primary objectives of conserving capital, providing income, and long-term growth is called a(n) ____________ fund. (Points : 2) balanced growth industry income
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Updated 3/31/2017 3:52:36 AM
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A mutual fund that invests in common stocks and bonds with the primary objectives of conserving capital, providing income, and long-term growth is called a balanced fund.
Added 3/31/2017 1:57:37 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [3/31/2017 3:52:37 AM]
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