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mobious74 mobious74
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6 years ago
What is a mutual fund?
A) A mutual fund is a pool of funds established by corporate financial managers to provide for short-term business loans.
B) A mutual fund is a loan to the federal government made by a business firm.
C) A mutual fund consists of money raised by selling a share of ownership in a business firm.
D) Investors pool resources from individuals and business firms to purchase a portfolio of stocks, bonds, and short-term securities.
E) A mutual fund is a product of a mutual life company.
Textbook 
Business Essentials, Canadian Edition

Business Essentials, Canadian Edition


Edition: 8th
Authors:
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CavenCaven
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6 years ago
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mobious74 Author
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6 years ago
Thank you, thank you, thank you!
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You make an excellent tutor!
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Helped a lot
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