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Aquila (a utility) has a PE of 6.7, a 5-year earnings growth rate of 7.5%, and a dividend yield of 7.4%. Aquila is a likely

Aquila (a utility) has a PE of 6.7, a 5-year earnings growth rate of 7.5%, and a dividend yield of 7.4%. Aquila is a likely investment for which type of mutual fund?

a.

Growth fund

b.

Value fund

c.

Income fund

d.

Bond fund

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