In a diversified mutual fund an investor must take into account changes across a variety of stocks.
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In a diversified mutual fund an investor must take into account changes across a variety of stocks. A less diversified one might offer a higher degree of performance predictability. Which type of fund (if any) has a higher degree of return predictability? Explain your answer.
Related Book For
Understanding Basic Statistics
ISBN: 978-1111827021
6th edition
Authors: Charles Henry Brase, Corrinne Pellillo Brase
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