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a. Explain how the introduction of asset-backed securities has provided benefits & convenience to the investors. (10 marks) b. Mutual funds have been gaining popularity
a. Explain how the introduction of asset-backed securities has provided benefits & convenience to the investors. (10 marks)
b. Mutual funds have been gaining popularity among investors. From the perspective of the investors especially those with limited financial resources, illustrate why it is usually a better choice to buy the mutual funds than to buy asset-backed securities. (10 marks)
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