Mutual funds A:Take in deposits from savers and make direct loans to borrowers.
ID: 1178045 • Letter: M
Question
Mutual funds
A:Take in deposits from savers and make direct loans to borrowers.
B:
Provide another source for borrowers to take out a home mortgage.
C:
Sell shares to savers and purchase assets with the funds.
D:
Allow for savers to undertake direct investment in companies of their choice.
A:Take in deposits from savers and make direct loans to borrowers.
B:
Provide another source for borrowers to take out a home mortgage.
C:
Sell shares to savers and purchase assets with the funds.
D:
Allow for savers to undertake direct investment in companies of their choice.
Explanation / Answer
D