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Which Three of the Following Statements Are Correct

Question 47

Multiple Choice

Which three of the following statements are correct?


A) Unit trusts are open- ended collective investment funds.
B) The foreign exchange markets are those markets in which one currency is exchanged for another.
C) The money markets are markets in lending and borrowing money for more than two years.
D) Pension funds typically invest between 40 and 80 per cent of their funds in shares.

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