Which of the following is a non-depository financial


1. Which of the following is a non-depository financial institution?

a. savings banks

b. commercial banks

c. savings and loan associations

d. mutual funds

2. The main reason that depository institutions experienced financial problems during the credit crisis was their investment in:

a. mortgages.

b. money market securities.

c. stocks.

d. Treasury bonds.

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Financial Management: Which of the following is a non-depository financial
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