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Assume that you are now 60 years of age and have accumulated $400,000 in a retirement (superannuation) account. Also assume that you would like to

Assume that you are now 60 years of age and have accumulated $400,000 in a retirement (superannuation) account. Also assume that you would like to retire when you are 65. What type of mutual funds would you choose to help you reach your investment goals? Why?

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