Use the following information. Mutual funds often hold many stocks. Each stock may be classified as a

Question:

Use the following information. Mutual funds often hold many stocks. Each stock may be classified as a value stock, a growth stock, or a blend of the two. The stock may also be categorized by how large the company is. It may be classified as a large company stock, medium company stock, or small company stock. A selected mutual fund contains 200 stocks as illustrated in the following chart.

Value Blend Growth 28 23 42 Large 19 15 18 Medium 26 17 Small Equity Investment Style

If one stock is selected at random from the mutual fund, deter-mine the probability that it is.

A large company stock, given that it is a blend stock.

Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing... Mutual Funds
Mutual funds are like a pool of funds gathered by different small investors that have simalar investment perspective about returns on their investments. These funds are managed by professional investment managers who act smartly on behalf of the...

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