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6 years ago
What does it mean for a money market mutual fund to "break the buck"?
A) The value of its share declines below $1.
B) It incurs losses on its investments.
C) It increases its fees to more than 1% of net asset value.
D) It is unable to meet the demand for withdrawals by investors.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
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vehmeinvehmein
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6 years ago
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Thank you, thank you, thank you!
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