Large-cap funds invest in... a. Companies with large market value.
b. In at least 200 companies.
c. Stocks only.
d. All of the above.

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Large-cap funds invest in

a. Companies with large market value.

Explanation:

Let Company A be a mutual fund that invests in the securities of companies that have large market capitalization.  Company A is, therefore, regarded as a large-cap fund.  Company A will use  the size of the market capitalization to determine the companies to invest in.  For example, the market capitalization of Company B is the value of the shares of the company, which is derived as the product of the number of Company B's outstanding shares and the current market price (1,000,000 x $50, market cap = $50 million).  For Company A, the decision to invest in Company B is factorized based on the size of the market value, $50 million, which must be above the average market capitalization of similar companies.

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