AFP
CTP · Question #247
(Topic 3) Money market funds are able to obtain very competitive trading terms because:
The correct answer is B. of the economies of scale. See the full explanation below for the reasoning.
Question
- (Topic 3)
Money market funds are able to obtain very competitive trading terms because:
Options
- Athere is no diversification.
- Bof the economies of scale.
- Cinvested funds are locked in for a specific period of time.
- Dthe investment manager only purchases high yielding instruments.
How the community answered
(53 responses)- A6% (3)
- B75% (40)
- C4% (2)
- D15% (8)
Community Discussion
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