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9- Higher portfolio turnover: 1. Results in greater tax liability for investors II. Results in greater trading costs for the fund, which investors have to

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9- Higher portfolio turnover: 1. Results in greater tax liability for investors II. Results in greater trading costs for the fund, which investors have to pay for III. Is a characteristic of asset allocation funds A. I only B. II only C. I and II only D. I, II, and

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