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The most popular type of Investment Company is a ________.

A. unit investment trust

B. mutual fund

C. closed-end investment company

D. real estate investment trust

Answer: Option B

Solution(By Examveda Team)

The most popular type of Investment Company is a mutual fund. A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities.

This Question Belongs to Commerce >> Financial Management

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Comments ( 1 )

  1. Prem Kasbe
    Prem Kasbe :
    6 years ago

    The answer is mutual fund

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