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Describe the types of mutual funds that can be found in the market in a concise and systematic manner, suitable for presenting to a group of investors who are high net worth and impatient.
Basic Finance, Finance
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Corporate Fund started the year with a net asset value of $15.90. By year-end, its NAV equaled $13.80. The fund paid year-end distributions of income and capital gains of $3.30. What was the rate of return to an investor ...
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