University at Buffalo (UB)
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Release Date: August 26, 2008 This content is archived.
An article in Investor's Business Daily on Monette Young Investors Fund, a kids-themed mutual fund aimed at persuading young people to embrace long-term investing, quotes Lewis Mandell, professor emeritus of finance and managerial economics, who said, "[The low scores] demonstrate that graduating high school seniors continue to struggle with financial literacy basics."
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