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When are money market mutual funds particularly suitable investments?
  • a)
    When an investor wants to take on high risk
  • b)
    When an investor needs a long-term investment
  • c)
    When an investor wants to earn high returns
  • d)
    When an investor needs a convenient place for cash reserves
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
When are money market mutual funds particularly suitable investments?a...
Money market mutual funds are particularly suitable investments when an investor needs a convenient place for cash reserves. These funds offer ultimate safety and liquidity, allowing investors to have access to their cash when needed. Money market mutual funds serve as a parking place for cash reserves, providing a secure and easily accessible option for investors who are not ready to make an investment or have near-term cash outlays for non-investment purposes.
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When are money market mutual funds particularly suitable investments?a)When an investor wants to take on high riskb)When an investor needs a long-term investmentc)When an investor wants to earn high returnsd)When an investor needs a convenient place for cash reservesCorrect answer is option 'D'. Can you explain this answer?
Question Description
When are money market mutual funds particularly suitable investments?a)When an investor wants to take on high riskb)When an investor needs a long-term investmentc)When an investor wants to earn high returnsd)When an investor needs a convenient place for cash reservesCorrect answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about When are money market mutual funds particularly suitable investments?a)When an investor wants to take on high riskb)When an investor needs a long-term investmentc)When an investor wants to earn high returnsd)When an investor needs a convenient place for cash reservesCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for When are money market mutual funds particularly suitable investments?a)When an investor wants to take on high riskb)When an investor needs a long-term investmentc)When an investor wants to earn high returnsd)When an investor needs a convenient place for cash reservesCorrect answer is option 'D'. Can you explain this answer?.
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