A mutual fund allows many small investors to
A) buy stocks individually.
B) invest in a diversified stock market portfolio.
C) take no risk while investing in stocks.
D) make loans.
E) float commercial paper.
Correct Answer:
Verified
Q66: An example of electronic funds transfers (EFT)is
Q67: A nonbanking institution that buys and sells
Q68: Most experts believe that banks will continue
Q69: What are the different nonbanking institutions available?
Q70: During the financial crisis,many large banks saw
Q72: Which of the following is not a
Q73: The U.S.government created the Troubled Asset Relief
Q74: Money market funds are a form of
Q76: Finance companies buy and sell stocks and
Q348: What is a mutual fund?
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