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Emerson invests in a passive mutual fund. What can Emerson expect? It does not require a mutual fund manager. It does not mimic a broad
Emerson invests in a passive mutual fund. What can Emerson expect?
It does not require a mutual fund manager.
It does not mimic a broad stock market index.
It earns a positive rate of return.
It will usually outperform an active mutual fund.
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Quantitative Analysis for Management
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna, Trevor S. Ha
12th edition
133507335, 978-0133507331
