________ enables mutual funds to consistently outperform a randomly selected group of stocks

A) Managerial expertise
B) Diversification
C) Denomination intermediation
D) None of the above

D

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Which of the following, adopted by the member nations of the European Community in 1987, committed member countries to work toward the establishment of a single market by December 31, 1992?

a)Treaty of Rome b) Single European Act c) Treaty of Lisbon d) Maastricht Treaty

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Chapter 1 discusses 10 principles that form the foundation of personal finance. The principle stating that a person can expect to earn additional return for increasing his or her investment risk is the ________ principle

A) "risk and return go hand in hand" B) "mind games, financial personality, and your money" C) "nothing happens without a plan" D) "the best protection is knowledge"

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