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Which of the following statements about financial institutions is true?: The three general types of mutual funds include money market funds, bond funds, and stock
Which of the following statements about financial institutions is true?:
The three general types of mutual funds include money market funds, bond funds, and stock funds. |
An investment companys primary source of funds is shares and its primary use of funds is loans |
An insurance companys primary source of funds is debt and its primary use of funds is deposits |
An insurance companys primary source of funds is reserves and its primary use of funds is loans |
A commercial banks primary source of funds is securities and its primary use of funds is bonds |
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