You are a financial analyst facing the task of selecting bond mutual funds to purchase for a client's portfolio . You have narrowed the funds to be selected to ten different funds . In order to...

You are a financial analyst facing the task of selecting bond mutual funds to purchase for a client's portfolio . You have narrowed the funds to be selected to ten different funds . In order to diversify your client's portfolio , you will recommend the purchase of four different funds . Six of the funds are short term corporate bond funds . What is the probability that of the four funds selected three are short - term corporate bond funds ?