An investor holds an aggressive growth mutual fund and was


An investor holds an aggressive growth mutual fund and was forced to sell it at an inop- portune time when the fund had lost a considerable amount of money. She is upset at being forced out of the fund and claims that this endangers her ability to meet critical return and risk objectives. Is the investor correct in her appraisal of the consequences of being forced out of the fund?

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Financial Management: An investor holds an aggressive growth mutual fund and was
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