1. What sort of investments would a managed fund target?

Select one:

a. Debt instruments.

b. Specific securities and investments.

c. A broad class of securities and investments.

d. All of these choices.

2. Analysts produce forecasts for a near-term period. This is commonly referred to as:

Select one:

a. Present value.

b. The forecast horizon.

c. The finite horizon.

d. Expected value.