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24 M The incentive for mutual fund shareholders to engage in runs is lower because O a. In a mutual fund liquidation, assets are allocated

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M The incentive for mutual fund shareholders to engage in runs is lower because O a. In a mutual fund liquidation, assets are allocated in a pro rata basis instead of a first-come first- served basis O b. Mutual funds are highly protected by government assistance programs O c. In a mutual fund liquidation, mutual funds can usually seek outside financial assistance Od. Mutual funds usually have the ability to fully pay off the fund shareholders

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