Which of the Following Statements Is Correct

question 114

Multiple Choice

Which of the following statements is correct?

• A)A large,well-known corporation such as Intel generally would use financial intermediation to finance expansion of its facilities.
• B)On average,managed funds outperform indexed funds.
• C)Unlike corporate bonds and stocks,checking accounts are a medium of exchange.
• D)A mutual fund is a financial market.

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