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Dmitry_Shevchenko [17]
3 years ago
13

An open-end investment company that can issue an unlimited number of its shares to investors and use the pooled proceeds to purc

hase corporate and government securities is called: A. a mutual fund B. a pension fund C. an insurance company D. a brokerage firm
Business
1 answer:
artcher [175]3 years ago
5 0

Answer:

A. a mutual fund

Explanation:

A mutual fund -

It is a type of financial vehicle , where the money collected by the investors , is pooled and then further invested in securities , like the bonds or stock market is referred to as mutual fund .

Any investor can invest their money in the mutual funds , it is a indirect form of investing in the stock market .

The returns obtained by mutual funds are dependent on the stock market .

Hence , from the given information of the question ,

The correct option is A. a mutual fund .

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Answer:

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Answer:

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Explanation:

Given:

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I think thats right

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