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Empirical studies of returns earned by investment companies indicate that a. few funds outperform the market consistently b. most funds outperform the market consistently c.

Empirical studies of returns earned by investment companies indicate that

a.

few funds outperform the market consistently

b.

most funds outperform the market consistently

c.

no funds outperform the market consistently

d.

most funds are less risky than the market

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