Question: What is a mutual fund and how do they work.?List and explain the advantages of mutual funds which make them an attractive investment alternative for

What is a mutual fund and how do they work.?List and explain the advantages of mutual funds which make them an attractive investment alternative for the relatively unsophisticated investor also List and explain the disadvantages of mutual funds.After considering the relative advantages and disadvantages of mutual funds, explain why they should be considered the investment vehicle of choice for the relatively unsophisticated investor.Please separate your answers rather than having everything run together into a single paragraph

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