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Which of the following statements is CORRECT? Investment banks generally focus on lending money, but commercial banks mainly handle IPOs Money market means securities with

Which of the following statements is CORRECT?

Investment banks generally focus on lending money, but commercial banks mainly handle IPOs

Money market means securities with maturities less than one year

Money market mutual funds are invested in well-diversified common stocks

Money markets are markets for long-term debt and common stocks

Money markets is the market in which firms raise equity money

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