Question

Which of the following statements, if any, is(are) true?
I. Mutual funds never have runs.
II. Funds invested with insurers are as safe as deposits at a bank.
III. Pension funds generally have less liquidity risk than banks.
A. All three are true
B. Only I is true
C. Only II and III are true
D. Only III is true
E. None are true

Answer

This answer is hidden. It contains 1 characters.