Which Three of the Following Statements Are Correct

question 22

Multiple Choice

Which three of the following statements are correct?

• A) Unit trusts are open- ended collective investment funds.
• B) The foreign exchange markets are those markets in which one currency is exchanged for another.
• C) The money markets are markets in lending and borrowing money for more than two years.
• D) Pension funds typically invest between 40 and 80 per cent of their funds in shares.