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Money market funds
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C. tend to be illiquid.
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E. are typically load funds.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Money market funds attempt to provide current income, liquidity, and principal safety though investing in short-term securities such as T-bills, banker certificates of deposits, and commercial paper. They generally allow holders to write checks against their accounts.
NEW QUESTION: 2
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B. 50%
C. 25%
D. 33%
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