A(n) _____ allows for diversification by pooling the capital of many investors in order to purchase more

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A(n) _____ allows for diversification by pooling the capital of many investors in order to purchase more securities and reduce the risk of the investment portfolio.

a. IRA

b. Margin account

c. Mutual fund

d. Exchange-traded security

Related Book For answer-question

International Accounting

ISBN: 978-1260466539

5th edition

Authors: Timothy Doupnik, Mark Finn, Giorgio Gotti, Hector Perera

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Posted Date: Apr 07, 2023 02:18 AM

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A(n) _____ allows for diversification by pooling the capital of many investors in order to purchase more

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The detailed answer for the above question is provided below The correct answer is c Mutual fund A m... View the full answer

International Accounting

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