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33 Historical evidence indicates that load funds perform better than no-load funds. True False 4 For a given change in interest rates, fixed-rate assets with

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33 Historical evidence indicates that load funds perform better than no-load funds. True False 4 For a given change in interest rates, fixed-rate assets with long-term maturities will have smaller changes in price than assets with shorter maturities. True False 35 Except in cases of extreme credit risk shocks or interest rate risk shocks, the book value of equity is equal to the economic or market value of equity. True False 36 One of the goals of mutual funds is to achieve superior diversification through fund and risk pooling compared to what individual investors can achieve. True False

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