Asked by Brent Markovich on Apr 26, 2024
Verified
_________ would invest the greatest percentage of its assets in common stocks and other long-term investments.
A) Commercial bank
B) Pension fund
C) Credit union
D) Property and liability insurance company
Pension Fund
A type of investment pool established for the purpose of managing and investing collected retirement savings for members.
Common Stocks
Equity securities that represent ownership in a corporation, entitling holders to dividends and, in most cases, voting rights.
- Familiarize with the framework and goals of assorted financial organizations.
- Gain knowledge on diverse financial instruments and their corresponding transactions.
Verified Answer
RP
Rachael PaleyMay 03, 2024
Final Answer :
B
Explanation :
Pension funds invest a significant portion of their assets in common stocks and other long-term investments to meet their long-term liabilities and obligations to pensioners. This strategy helps in achieving growth over time and in managing inflation risks.
Learning Objectives
- Familiarize with the framework and goals of assorted financial organizations.
- Gain knowledge on diverse financial instruments and their corresponding transactions.
Related questions
Savings Banks Were Originally Established to Make __________ Loans
Which of the Following Statements Concerning the Fed Is Incorrect ...
Which of the Following Statements Is Incorrect ...
The ______ Order Instructs the Broker to Obtain the Best ...
What Type of Financial Institution Raises Money from Investors by ...