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Pauline wants to know what the disadvantages are in mutual fund investments. I. high management fees II. lack of control over tax distributions III. can

Pauline wants to know what the disadvantages are in mutual fund investments. I. high management fees II. lack of control over tax distributions III. can only purchase a modest initial investment IV. low liquidity Select one: a. I and IV b. I and III c. I, II and IV d. I, II and

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