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QUESTION 4 Pension funds are NOT permitted to invest in private equity firms because private equity firms can be very risky. True False QUESTIONS Investment

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QUESTION 4 Pension funds are NOT permitted to invest in private equity firms because private equity firms can be very risky. True False QUESTIONS Investment banks form syndicates to spread the risk among many firms involved in selling new securities. True False QUESTION 6 Shadow banking system are composed of banks that specialize in illegal financial activities. True False

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