Money market mutual fund shares function like
A)checking accounts that pay interest.
B)bonds.
C)stocks.
D)currency.

Question

Quizplus · Accepted Answer

Money market mutual fund shares are similar to checking accounts as they allow investors to earn a return on their cash while still having quick access to their funds. These funds typically invest in short-term, low-risk securities such as government bonds, commercial paper, and certificates of deposit.

Money Market Mutual Fund Shares Function Like