Which of the following is an example of direct finance? Select one: investors buy shares in a mutual fund A pension fund manager buys a security in the secondary market investors buy shares in a mutual fund None of the answers are correct company buy security in a secondary market
Which of the following is an example of direct finance? Select one: investors buy shares in a mutual fund A pension fund manager buys a security in the secondary market investors buy shares in a mutual fund None of the answers are correct company buy security in a secondary market
Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
7th Edition
ISBN:9780357033609
Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Chapter13: Investing In Mutual Funds, Etfs, And Real Estate
Section: Chapter Questions
Problem 5LO
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Question
Which of the following is an example of direct finance?
Select one:
investors buy shares in a mutual fund
A pension fund manager buys a security in the secondary market
investors buy shares in a mutual fund
None of the answers are correct
company buy security in a secondary market
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