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The purpose of this project is to help you to gain an understanding of how the stock market works and of the relationship between theory and practice. You are given a notional £20
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‘If correlation among security returns were perfect-if returns of all securities moved up and down together in perfect unison, diversification could do nothing to eliminate risk. T
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In the category of multi-class mutual funds, this is the class that is generally characterized by a loaded fee structure. Class A mutual fund units will normally have a front- or r
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