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A Money Market Fund Is a Special Type of Mutual

Question 61

Multiple Choice

A money market fund is a special type of mutual fund that:


A) invests in short-term debt securities issued by large corporations.
B) dispenses cash and allows balance inquiries.
C) offers slightly lower rates of interest than bank money market accounts.
D) is set aside by corporations to provide retirement income.
E) represents specialized individual checking accounts.

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