Why are mutual funds called financial intermediaries? Why does it make sense for an individual to invest
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Mutual Funds
Mutual funds are like a pool of funds gathered by different small investors that have simalar investment perspective about returns on their investments. These funds are managed by professional investment managers who act smartly on behalf of the...
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Mutual funds collect money from small investors and invest the money ...View the full answer
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Sultan Ghulam Dastgir
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Related Book For 
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
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