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ps pus5sIUIe What is a mutual fund? Choose the corect answer below O A. A mutual fund is a savings plan that allows you to
ps pus5sIUIe What is a mutual fund? Choose the corect answer below O A. A mutual fund is a savings plan that allows you to set aside money for retirement, usually up to $5000 per year. You do not pay taxes on the money you deposit imnto a mutual fund, although the withdrawals are taxed O B. A mutual fund is a group of stocks and/or bonds managed by a professional investor Your money is combined with the money of other investors in the mutual fund. The fund manager invests this pool of money, buying and selling shares of stocks and bonds to obtain the maximum possible returns O C. A mutual fund is a sequence of equal payments made at equal time periods. The value of a mutoal fund is the sum of all deposits plus all interest paid O D. Amutual fund is a type of bank account that combines the features of a checking and a savings account. It requires a minimum balance, pays interest, and offers limited check-writing privileges
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