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Question 3 Which of the following are TRUE concerning institutional investors? I. Institutional investors are professionals who only manage money for large corporate clients II

Question 3
Which of the following are TRUE concerning institutional investors?
I. Institutional investors are professionals who only manage money for large corporate clients
II. Banks, insurance companies and mutual funds are all institutional investors.
III. Institutional investors are individuals who invest indirectly through financial institutions.
IV. Institutional investors invest large sums of money.
I and II only
IV only
II only
II and IV only
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