Question

Regarding the relative asset size and asset growth rate of mutual fund sectors,

A. long-term funds had more assets at the end of 2012, but short-term funds had grown at a faster rate since 1980.

B. long-term funds had more assets at the end of 2012, and long-term funds had grown at a faster rate since 1980.

C. short-term funds had more assets at the end of 2012, but long-term funds had grown at a faster rate since 1980.

D. short-term funds had more assets at the end of 2012, and short-term funds had grown at a faster rate since 1980.

E. More than one of the above is correct.

Answer

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