A stock mutual fund wishes to advertise itself as diversified. To be able to do so, the fund must invest:

A stock mutual fund wishes to advertise itself as diversified. To be able to do so, the fund must invest:



A) so that it holds no more than 10% of the voting stock of any one company.

B) All of these.

C) at least 75% of its assets in securities other than its own.

D) no more than 5% of its assets in any one target company.



Answer: B)


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