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Investment companies can provide investor's with access to the market at lower transaction costs because __________________. A. they trade large blocks of securities B. the
Investment companies can provide investor's with access to the market at lower transaction costs because __________________.
A. they trade large blocks of securities
B. the managers are usually stockbrokers
C. under SEC rule 17a-2 domestic exchanges must process trades placed by qualifying investment companies at lower commission rates
D. All of the above are true
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