Which one of the followings is a mutual fund that pools the funds of many small investors and purchases high-return, short-term marketable securities?

Question

Derek Steven Schulte · Accepted Answer

Money market mutual funds

Derek Steven Schulte · Answer

Money market deposit account

Derek Steven Schulte · Answer

Negotiable order of withdrawal account

Derek Steven Schulte · Answer

Asset management account

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Question 13 - CTFA discussion

Suggested answer: C

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