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When at Least Two-Thirds of a Bond Mutual Fund's Portfolio

Question 48

Multiple Choice

When at least two-thirds of a bond mutual fund's portfolio consists of bonds rated below Baa by Moody's or BBB by Standard and Poor's, the fund is called a ____ fund.


A) growth
B) capital appreciation
C) high-yield bond
D) leveraged bond
E) None of these are correct.

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