Question
Which of the following statements about financial institutions is true?: Group of answer choices An investment company's primary source of funds is loans and its
Which of the following statements about financial institutions is true?:
Group of answer choices
An investment company's primary source of funds is loans and its primary use of funds is securities
An investment company's primary source of funds is shares and its primary use of funds is loans
Stock funds or equity funds involve more risk than money market or bond funds.
An insurance company's primary source of funds is deposits and its primary use of funds is loans
A commercial bank's primary source of funds is debt and its primary use of funds is securities
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