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You are using the following three criteria to analyze mutual funds from the target list of 1,000 funds: 1) equity funds: 55% 2) Value funds:
You are using the following three criteria to analyze mutual funds from the target list of 1,000 funds: 1) equity funds: 55% 2) Value funds: 20%, 3) Morning start risk rating 5: 80%. if the criteria are independent , how many funds will pass the screen?
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