1. Which of the following accurately describe reasons for investing in mutual? funds?
I. to effectively control the timing of capital gains for tax purposes
II. to achieve portfolio diversification at a reasonable cost
III. to invest in unfamiliar sectors or geographic regions
IV. to outperform the market
A. I and IV only
B. II and III only
C. ?I, II and III only
D. ?I, II, III and IV
2. Technical analysis is used for which of the following? purposes?
I. deciding when to enter the market
II. deciding whether to sell a stock
III. deciding which stocks to buy
IV. deciding whether basic economic conditions are favorable for investing
A. I and II only
B. II and III only
C. ?I, II and III only
D. ?I, II, III and IV