A) mutual funds that focus on a specific industry B) funds that sell shares to individuals and invest the proceeds in bonds C) mutual funds that contain both growth stocks and stocks that pay dividends
D) mutual funds that focus on stocks that are expected to grow at a very high rate
E) mutual funds that focus on firms that pay a high level of dividends
34) bond mutual funds
35) sector funds
36) capital appreciation funds
37) equity income funds
38) balanced growth and income funds
What will be an ideal response?
Answers: 34) B 35) A 36) D 37) E 38) C
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