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Money market mutual funds (MMMFs) have caused disintermediation at banks. This is because MMMFs Offer guaranteed rates of return Allow investors access to higher interest

Money market mutual funds (MMMFs) have caused disintermediation at banks. This is because MMMFs

Offer guaranteed rates of return

Allow investors access to higher interest rate money market securities with a relatively small capital investment

Are less risky than bank deposits

Are now federally insured, like bank deposits

None of the above

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