Which of the following statements,if any,is (are) true?
I. Mutual funds never have runs.
II. Funds invested with insurers are as safe as deposits at a bank.
III. Pension funds generally have less liquidity risk than banks.
A) All three are true.
B) Only I is true.
C) Only II and III are true.
D) Only III is true.
E) None are true.
Correct Answer:
Verified
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