Which of the Following Is Not True Regarding Money Market

question 92

Multiple Choice

Which of the following is not true regarding money market funds?

• A) They charge no sales charge, redemption fee, or management fee.
• B) Their maximum average maturity is 90 days.
• C) Normally, there are no capital gains or losses on their shares.
• D) They represent a relatively low risk investment.

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Definitions:

Socialization Stages

The process through which individuals learn the values, norms, and required behaviors which permit them to participate as members of an organization.

Assimilation

The process by which individuals or groups adopt the customs, attitudes, and norms of a dominant or surrounding culture, often losing original identity characteristics.

Group Metamorphosis

The process by which a group evolves and changes its structure, behavior, or identity over time.

Study of Whiteness

A field of scholarly research that examines the social construction of whiteness as a racial identity and its implications for power and privilege.