Multiple Choice
Which of the following happens when a person buys shares in a mutual fund?
A) Indirectly, the person becomes owner or creditor to many companies.
B) The person lends to, and borrows from the other shareholders in the mutual fund.
C) The person receives a fixed interest as long as he or she does not sell the shares.
D) The person lends money to the federal government.
Correct Answer:
Verified
Correct Answer:
Verified
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