Question
Which of the following statements are true in describing the features of MMMFs? (Check all that apply.) A. They charge investors fees for purchasing
Which of the following statements are true in describing the features of MMMFs? (Check all that apply.) \
A. They charge investors fees for purchasing or redeeming shares, but they don't require a minimum initial investment.
B. They are openend investment funds that can invest in money market or capital market securities.
C. They often do not charge a fee for writing checks or have any minimum check amount as long as the balance in the account is above a stated level.
D. The funds' yields depend entirely on the performance of the securities purchased.
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