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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

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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. II and IV only IV only II only I and II only

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