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A recent review of mutual funds offered by Vanguard, found fund categories with the following titles: Small Cap Investment Grade Tax-Exempt Money Market Identify each

  1. A recent review of mutual funds offered by Vanguard, found fund categories with the following titles:

Small Cap

Investment Grade

Tax-Exempt

Money Market

Identify each term and explain the type of security that is likely to be included in this fund.

  1. A more specific search found a fund with the following measures:

P/E Ratio 26.4x

Beta 0.96

Explain each term and interpret the meaning of the measure.

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