The sales literature of a mutual fund claims that the fund has no risk exposure since it

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The sales literature of a mutual fund claims that the fund has no risk exposure since it invests exclusively in default riskfree federal government securities. Is this claim true? Why or why not? (LG 20-1)

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ISE Financial Markets And Institutions

ISBN: 9781265561437

8th International Edition

Authors: Anthony Saunders, Marcia Cornett, Otgo Erhemjamts

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