________ are nondepository institutions that sell shares to individuals and use the proceeds to invest in securities to create mutual funds
A) Investment companies
B) Finance companies
C) Securities firms
D) Insurance companies
Answer: A
Business
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To validate the study, the supervisors call 1 percent to 10 percent of the respondents to inquire whether the field workers actually conducted the interviews
Indicate whether the statement is true or false
Business
Which of the following are reasons to consider selling an investment that is currently in a portfolio?
I. The investment has met the original objective. II. Better investment opportunities currently exist. III. The outlook for the investment has improved. IV. The investment has not met expectations and no change is expected. A) I, II and IV only B) I, III and IV only C) I, II and III only D) I, II, III and IV
Business