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Which of the following is not a function of financial markets? A. Price setting B. Asset valuation C. Arbitrage D. Raising capital E. Private transactions

Which of the following is not a function of financial markets?

A. Price setting

B. Asset valuation

C. Arbitrage

D. Raising capital

E. Private transactions

F. Investing

G. Risk management

Which of the following, as of early 2008, had the most global assets under management?

A. Insurance companies

B. Hedge funds

C. Pension funds

D. Mutual funds

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