Money market mutual funds pay interest to investors who have pooled funds to make short-term loans to businesses and government bodies.

Question

Quizplus · Accepted Answer

Money market mutual funds invest in short-term, high-quality debt securities and pay investors dividends that generally reflect short-term interest rates. These funds pool investors' money to make short-term loans to businesses and government bodies, providing liquidity and income.

Money Market Mutual Funds Pay Interest to Investors Who Have