________ are short-term,low-risk financial securities purchased with the pooled assets of investor-owners.

Question

Quizplus · Accepted Answer

Money market mutual funds are short-term, low-risk financial securities that are purchased with the pooled assets of investor-owners. These funds invest in highly liquid and low-risk money market instruments such as Treasury bills, commercial paper, and certificates of deposit. The objective of money market mutual funds is to provide investors with a low-risk investment option that offers better returns than traditional savings accounts or demand deposits. Therefore, option D is the best choice for this definition.

________ Are Short-Term,low-Risk Financial Securities Purchased with the Pooled Assets