Calvin Seeks the Good Life 12.2

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Question description

Given Calvin’s financial resources and investment objectives, what kinds of mutual funds do you think he should consider? 

What factors in Calvin’s situation should be taken into consideration in the fund selection process? How might these affect Calvin’s course of action?

What types of services do you think he should look for in a mutual fund?

Assume Calvin invests in a mutual fund that earns about 10% annually from dividend income and capital gains.

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