Fund that invests in certain kind of stocks or bonds

Assignment Help Financial Management

Reference no: EM131621086

1. A fund that invests in a certain kind of stocks or bonds or in the market as a whole.

Mutual Fund

Multi-Company Investment Instrument (MCIi)

Fund Pool

Index Fund

2. A gallon of milk sold at a local grocery store for $2.99. The cost to the grocery to buy the milk from a local wholesaler was $2.10. Freight expenses totaled 10 cents. Determine the gross profit to the grocery store for that gallon of milk.

$2.20

$0.79

$2.99

$2.10

Reference no: EM131621086

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