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True/false Q1. On average, actively managed funds outperform passively managed funds. Q2. Insurance companies are large institutional investors. Q3.Commercial banks' main income comes from the

True/false

Q1.On average, actively managed funds outperform passively managed funds.

Q2. Insurance companies are large institutional investors.

Q3.Commercial banks' main income comes from the spread between interest rate on loans and interest rate on deposits

Q4.When calculating the net present value, future cash flows are discounted by the cost of capital.

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