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1. Which of the following accurately describe reasons for investing in mutual? funds?

I. to effectively control the timing of capital gains for tax purposes

II. to achieve portfolio diversification at a reasonable cost

III. to invest in unfamiliar sectors or geographic regions

IV. to outperform the market

A. I and IV only

B. II and III only

C. ?I, II and III only

D. ?I, II, III and IV

2. Technical analysis is used for which of the following? purposes?

I. deciding when to enter the market

II. deciding whether to sell a stock

III. deciding which stocks to buy

IV. deciding whether basic economic conditions are favorable for investing

A. I and II only

B. II and III only

C. ?I, II and III only

D. ?I, II, III and IV

Financial Management, Finance

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