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Business, 01.10.2019 02:00 ChikiChu

The theory behind the mutual fund cash ratio isa) mutual fund managers hold high levels of cash when they are optimistic about market conditions. b) when mutual fund managers hold high levels of cash, they must eventually buy stocks with it. c) when mutual fund managers hold low levels of cash they are pessimistic about market conditions. d) when market conditions are favorable, shareholders remit more cash than the managers can invest.

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