Madhuri is invested in a mutual fund that holds the preferred and dividend-paying common shares of Canadian corporations. The income from the fund is eligible for the dividend tax credit and the fund is considered low to medium risk. Which of the following funds is Madhuri invested in?

a) balanced fund
b  income fund
c) dividend fund
d) growth fund

Answer rating: 100% (QA)

Answer The correct option is C Dividend Fund Explanation dividend fund i... View the full answer