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31.Money market funds Select one: a. are tax exempt. b. typically invest in a diversified portfolio of short-term, high-grade debt instruments. c. are generally very

31.Money market funds Select one:

a. are tax exempt.

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

c. are generally very profitable but fail to provide liquidity to the small investor.

d. typically sell shares to the public in $25,000 denominations.

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