Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

question 6 of 10 a single unit investment comprising various stocks, bo…

Question

question 6 of 10
a single unit investment comprising various stocks, bonds, and other investments is called a

a. nasdaq
b. stock market
c. derivative
d. mutual fund

Explanation:

Brief Explanations

A mutual fund is a single - unit investment that pools money from multiple investors to invest in various stocks, bonds, and other securities. NASDAQ is a stock exchange. The stock market is a general term for the market where stocks are traded. A derivative is a financial instrument whose value is derived from an underlying asset.

Answer:

D. mutual fund