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92. '' Sucess of such a plan will depend on a skilled professional , called the Fund Manager.'' Explain.
Ans: In the real world , analysis is not that easy and straightforward . The information required is seldom available in the form or at the time required or at the price one can afford . Professionals , who possess such information , generally offer to manage the investments . The value of the information increase directly with the amount of money the professional spent in collecting and /or organizing the information . So, they generally organize themselves into firms of investment and price their services at a certain perecntage of the Funds under their managements.