Use the three-step process described in the text to select a mutual fund based on your current

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Use the three-step process described in the text to select a mutual fund based on your current circumstances. What classification of fund(s) would be appropriate given

(a) the amount of money you have available to open an account,

(b) your time horizon for using the money,

(c) your goal or investment objective for the money, and

(d) your risk tolerance?

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