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Q.1. Explain the concept of a Mutual fund. Distinguish between closed-end and open-end funds. Q.2. Describe the diversification benefits of international investments. Explain the difference

Q.1. Explain the concept of a Mutual fund. Distinguish between closed-end and open-end funds.

Q.2. Describe the diversification benefits of international investments. Explain the difference between market performance in developed countries versus that in emerging countries.

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