Contrast the features of a mutual fund investment with those of retail deposits at commercial banks or
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Contrast the features of a mutual fund investment with those of retail deposits at commercial banks or other depository institutions. In particular, what are their differences in risk and return? Why do you think that the Great Depression led the retail public to favor deposits and shun mutual fund investments, with this aversion to mutual funds continuing for a very long time afterward?
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Related Book For
Financial Markets Banking And Monetary Policy
ISBN: 9781118872239
1st Edition
Authors: Thomas D. Simpson
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