Hamid recently graduated from college and now has a job that provides a retirement investment plan. Hamid

Question:

Hamid recently graduated from college and now has a job that provides a retirement investment plan. Hamid wants to diversify his investments, so he wants to invest in four stock mutual funds and two bond mutual funds. If he has a choice of eight stock mutual funds and five bond mutual funds, how many different selections of mutual funds does he have?

Mutual Funds
Mutual funds are like a pool of funds gathered by different small investors that have simalar investment perspective about returns on their investments. These funds are managed by professional investment managers who act smartly on behalf of the...

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