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P i ll Google Drive Question 13 5 pts Which of the following is TRUE regarding financial institutions? Hedge Funds are considered sell side institutions

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P i ll Google Drive Question 13 5 pts Which of the following is TRUE regarding financial institutions? Hedge Funds are considered "sell side" institutions Banks typically charge a 1% fee on their assets under management Hedge Funds intermediate between Investors and Companies Commercial banks make money by borrowing at a lower rate and lending at a higher rate. o Investment companies' primary sources of income are premiums and interest income

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