Exam 17: Investing in Mutual Funds

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An international stock mutual fund is one that owns shares in companies from the United States and other countries.

(True/False)
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Corporate bond funds focus on bonds issued by high-quality firms and,therefore,tend to have a low degree of default risk.

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Index funds incur ________ expenses and are ________ managed compared to other funds.

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If a mutual fund's performance is the result of factors in the general stock market,the fund is being impacted by the ________ risk.

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Index funds usually have lower capital gains on their investments and are,therefore,advantageous to investors in higher income tax brackets.

(True/False)
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