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A. Which of the following is true about mutual funds? 1. Value of investment in a mutual fund fluctuates with daily net asset value per

A. Which of the following is true about mutual funds?

1. Value of investment in a mutual fund fluctuates with daily net asset value per share of the fund

2. Equity funds have a high possibility of growth with a low amount of risk

3. Bond funds have a high possibility of growth with a very high amount of risk

4. Investing in mutual funds always result in fund appreciation.

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