What are the withdrawal requirements of a fixed-period withdrawal plan for a mutual fund? a.A specified amount
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Question:
What are the withdrawal requirements of a fixed-period withdrawal plan for a mutual fund?
a.A specified amount must be withdrawn over a pre-determined period of time with the intent of exhausting the plan when it ends.
b.A specified percentage of the holdings must be withdrawn each year.
c.A specified dollar amount must be withdrawn on a monthly or quarterly basis.
d.A specified dollar amount must be withdrawn on a monthly or quarterly basis.
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