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Late trading and market timing OA allow large, favored investors in a mutual fund to profit at the expense of other investors in the fund.

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Late trading and market timing OA allow large, favored investors in a mutual fund to profit at the expense of other investors in the fund. B. hurt ordinary investors by increasing the number of fund shares and diluting the fund's net asset value. O C. are both A and B of the above. are none of the above

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