A financial investment that pools money from multiple investors to purchase a portfolio of stocks, bonds, or other financial assets but that is not traded on a stock exchange is:
A) a mutual fund.
B) an IRA.
C) an exchanged-traded fund.
D) an annuity.
Correct Answer:
Verified
Q56: How often do bond rating agencies change
Q57: _ of returns is a method of
Q58: A key guideline for long-run success in
Q59: _ is an investment technique that reduces
Q60: Paul has purchased individual stocks in five
Q62: _ pools money from multiple investors and
Q63: _ is a fund that automatically invests
Q64: The _ is the theory that financial
Q65: The _ is the idea that the
Q66: Maria decides to purchase stock in XYZ
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents