14. Funds of fund include all of the following except: a. Have load fees b. Have additional fees at the fund of fund level c. Allow for diversification d. Allow for hedging strategy 15. Cumulative preferred stock offers: a. The abity for investors to vote b. The ability for investors to accumulate dividends for payment in the future in the event they are not paid c. The ability to receive dividends is second to common stockholders d. Do not have a claim on assets 16. Qualitative factors to consider when evaluating a company include all of the following except: a. Past financial history b. Management's experience c. The industry the company operates in d. News reports concerning the company 17. An investor wanting to live off of their investment for several years would choose the following type of stock in their portfolio: a. Low risk dividend paying stocks b. Small cap stocks c. Speculative stocks d. Stocks of startup companies