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(a)What distinguishes depository institutions from other kinds of financial intermediaries? (b)What distinguishes mutual funds from hedge funds? (c) How do mutual funds raise (borrow) funds
(a)What distinguishes depository institutions from other kinds of financial intermediaries?
(b)What distinguishes mutual funds from hedge funds?
(c) How do mutual funds raise (borrow) funds from savers? How do they invest these funds?
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