Traditionally, the Only Assets in Which S&Ls Were Allowed to Invest

Multiple Choice

Traditionally, the only assets in which S&Ls were allowed to invest include ________.

A) mortgages, mortgage-backed securities, and foreign enterprises
B) mortgages, mortgage-backed securities and U.S. government securities.
C) mortgage-backed securities, non-U.S. government securities and mortgages.
D) mortgages, foreign securities and U.S. government securities.