Corporations that buy financial instruments with money accepted from savers are classified as_________________?

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430FinanceMedium

ADebit funds

BMutual funds

CInsurance funds

DCredit funds

Correct answer

B. Mutual funds

Explanation

Mutual funds is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.

Corporations that buy financial instruments with money accepted from savers are classified as_________________? - Answer and Explanation | Academy of Pakistan