________ funds attempt to maintain a desirable balance of risk and growth potential based on a planned retirement date
A) Balanced
B) Sector
C) International
D) Specialty
E) Target-date
Answer: E
Explanation: Target-date funds are funds that attempt to maintain a desirable balance of risk and growth potential based on a target retirement date.
Business
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What are word combinations that essentially say the same thing as single words?
A) Redundancies B) Starters C) Clarifiers D) Hedges E) Nouns
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A firm's payout is calculated as the ratio of retained earnings to earnings before interest and taxes (EBIT)
Indicate whether this statement is true or false.
Business