Mutual funds A:Take in deposits from savers and make direct loans to borrowers.

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

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