A life-cycle fund purchases assets designed to meet the needs of individuals in

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middle-income earning years. |
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a particular stage of life. |
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high-income-earning years. |
A socially responsible fund is a type of mutual fund that invests only in securities issued by companies that

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meet certain ethical and moral standards. |
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have securities that highly appreciate in value. |
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produce a high total return. |
A(n) ________ contract is a contract in which you promise to buy or sell the underlying asset at a point in the future for a price determined today.

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