Which One of the Following Would Best Describe a Mutual

question 52

Multiple Choice

Which one of the following would best describe a mutual fund?

• A)an investment that is available at many banks and is FDIC insured
• B)a company that manages a portfolio that is purchased by pooling the money of its investors
• C)a debt contract that is issued by a company and offers interest payment on the loan
• D)ownership of shares in a corporation with no guarantee the company will be profitable

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Definitions:

Rigorous Model

A thoroughly tested and consistently reliable framework or theory that stands up to scrutiny and application in various contexts.

Research Method

The systematic approach and tools used to conduct a study and collect data for analysis in research.

Analyzing Data

The process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making.

Intellectual Intolerance

The unwillingness to accept or respect viewpoints, opinions, or beliefs that differ from one's own.