QUESTION IMAGE
Question
question 14 of 25
a single - unit investment comprising various stocks, bonds, and other investments is called a ______.
a. stock market
b. mutual fund
c. nasdaq
d. derivative
A mutual fund is a single - unit investment that pools money from multiple investors to invest in various stocks, bonds, and other securities. A stock market (A) is a marketplace for buying and selling stocks. NASDAQ (C) is a stock exchange. A derivative (D) is a financial instrument whose value is derived from an underlying asset.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
B. mutual fund