2. The mutual fund industry publishes a fact book containing exhaustive data on the historic and cur-

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2. The mutual fund industry publishes a fact book containing exhaustive data on the historic and cur- rent state of mutual funds. Go to http://www.ici. org/aboutfunds/factbook_toe.html.

a. According to Chapter 3, did the terrorist attack in September 2001 cause an obvious decrease in mutual funds assets?

b. According to Chapter 4, what percentage of mutual funds assets are currently owned by households?

c. According to Chapter 4, what is the average annual income of an

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Financial Markets and Institutions

ISBN: 978-0321280299

5th edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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