Answer:
The answer is "Option A".
Explanation:
The numbering of the choices is missing in the question which is defined in the attached file. Please find it.
Mutual funds are often a pool of assets, that allows small investors can expose themselves to a large variety of inventory levels and contribute towards diversifying at the cheapest prices, and the wrong choice can be explained as follows:
- In choice b, investment decisions may take place in companies, not only through the purchase of stock, through investment in preferred shares, equity, and bonds, that's why it is wrong.
- In choice c, the stock market is the market of the securities exchange, and the bursaries are a financial market, that's why it is wrong.
- In choice d, the financial institutions help firms collect their capital, and business banks collect their cash from customers to lend it, that's why it is wrong.
