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Chapter 1 -- Part 4: 3
Unlike exchange-traded funds, in-kind redemption is available to investors in traditional mutual funds.
Forms of real estate investment that involve issuing shares on the stock market include real estate investment trusts.
If the mean return on the risk-free asset was 5.0%, the portfolio is close to the Sharpe ratio a.
The table below shows the market values and durations of the bonds in the Western Investments portfolio.
The duration of the portfolio is close to a.
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