1) An important feature of money market mutual fund shares is
A) deposit insurance.
B) the ability to write checks against shareholdings.
C) the ability to borrow against shareholdings.
D) claims on shares of corporate stock.
2) The primary assets of money market mutual funds are
A) stocks.
B) bonds.
C) money market instruments.
D) deposits.
3) An investment bank helps ________ issue securities.
A) a corporation
B) the United States government
C) the SEC
D) foreign governments
4) An investment bank purchases securities from a corporation at a predetermined price and then resells them in the market. This process is called
A) underwriting.
B) underhanded.
C) understanding.
D) undertaking.