The sales literature of a mutual fund claims that the fund has no risk exposure since it

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The sales literature of a mutual fund claims that the fund has no risk exposure since it invests exclusively in default risk-free federal government securities. Is this claim true? Why or why not?

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Financial Markets and Institutions

ISBN: 978-0077861667

6th edition

Authors: Anthony Saunders, Marcia Cornett

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Question Posted: Jan 27, 2015 08:44 AM

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The sales literature of a mutual fund claims that the fund has no risk exposure since it

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Although the funds asset portfolio is comprised of de...View the full answer

Financial Markets and Institutions

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