For each pair of funds listed below, select the fund that would be less risky and briefly
Question:
a. Growth versus growth-and-income
b. Equity-income versus high-grade corporate bonds
c. Intermediate-term bonds versus high-yield municipals
d. International versus balanced
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The less risky fund from each pair is as follows a The growthandincome fund x because it seeks its return not only from capital gains growth but also ...View the full answer
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Related Book For
Personal Financial Planning
ISBN: 978-1111971632
13th edition
Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley
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