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U.S. mutual funds may not hold foreign securities. A) True OB) False Mutual funds distribute earned income and realized capital gains. A) True B) False

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U.S. mutual funds may not hold foreign securities. A) True OB) False Mutual funds distribute earned income and realized capital gains. A) True B) False Mutual funds pay federal income taxes on dividends they receive from their investments. A) True B) False

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