Question: 1. What factors must you consider when selecting a mutual fund? 2. For a mutual fund, if the actual return is 12 % and the

 1. What factors must you consider when selecting a mutual fund?

1. What factors must you consider when selecting a mutual fund? 2. For a mutual fund, if the actual return is 12 % and the expected return is 14%, what is the alpha for that fund? 3. Explain why most ETFs have lower operating expenses than most Mutual Funds. 4. What is the difference between a debenture and a second mortgage bond? 5. When you buy a bond, why do you pay accrued interest

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