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1-What role do Pension Funds play in the circular flow, how are they different from Mutual Funds and Hedge Funds? 2-Explain the difference between a
1-What role do Pension Funds play in the circular flow, how are they different from Mutual Funds and Hedge Funds?
2-Explain the difference between a securities firm and an investment bank. What are the differences in their operations and purposes?
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