Question

(p. 318) Which of the following is not true about institutional investors?
A. Institutions invest the funds of individuals by purchasing shares of stock in corporations.
B. The proportion of institutional ownership of stock in the U.S. has declined slowly since the 1960s.
C. Through institutions over one-half of the U.S. population has an indirect ownership in corporations.
D. Institutions accounted for 62 percent of the value of all equities owned in the U.S. in 2005.

Answer

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