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Question 1 3 pts Which one of the following statements is wrong? Unit Investment Trusts (UTI) are passive investment companies with a fixed portfolio of

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Question 1 3 pts Which one of the following statements is wrong? Unit Investment Trusts (UTI) are passive investment companies with a fixed portfolio of assets. Typically, hedge funds face less regulation than mutual funds do. Index funds invest in stocks included in an aggregate measure of stock prices. Returns on ETFs (exchange-traded funds) are determined based on their net asset values

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