Question

Mutual funds O A. receive premiums from policies and purchase corporate bonds and stock OB. sell shares and use the proceeds to buy diversified portfolios of stocks and bonds. O C. collect deposits and lend for mortgages OD. are organized around some common link, usually employment. Vare savings and loans, mutual savings banks, and credit unions.

Answer 1

Mutual funds sell shares and use the proceeds to buy diversified portfolios of stocks and bonds . Hence, option(B) is correct.

Thrift institution are savings and loans , mutual savings banks and credit unions.