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7. Explain how the concept of dollar-cost averaging applies to the options that are used to purchase mutual funds. 8. How do income, growth, and
7. Explain how the concept of dollar-cost averaging applies to the options that are used to purchase mutual funds.
8. How do income, growth, and liquidity affect the choice of an investment?
9. Why do investors purchase stocks?
10. What are two chief advantages of investing in mutual funds?
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