5. When you buy a mutual fund, you own: (LO 12-1) a. The individual stock directly. b....

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5. When you buy a mutual fund, you own: (LO 12-1)

a. The individual stock directly.

b. Part of a fund that owns assets.

c. Stock in the mutual fund company.

d. Stocks and bonds.

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Personal Finance Building Your Future

ISBN: 9780077861728

2nd Edition

Authors: Robert Walker, Kristy Walker

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