Money market funds a. are one of the oldest forms of mutual funds b. typically i

Question

Money market funds
a. are one of the oldest forms of mutual funds b. typically invest in a diversified portfolio of short-term,high-grade debt instruments c. are generally very profitable but fail to provide liquidityto the small investor d. typically sell shares to the public in $5,000denominations Money market funds
a. are one of the oldest forms of mutual funds b. typically invest in a diversified portfolio of short-term,high-grade debt instruments c. are generally very profitable but fail to provide liquidityto the small investor d. typically sell shares to the public in $5,000denominations

Explanation / Answer

b. typically invest in a diversified portfolio of short-term, high-grade debt instruments

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