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Which of the following is NOT TRUE with respect to market-makers? They earn the difference between the bid price and the ask price on a

Which of the following is NOT TRUE with respect to market-makers?

They earn the difference between the bid price and the ask price on a transaction.

They execute stock option transactions for customers.

They are not subject to the risk of loss on their positions in options.

They may earn profits when they take positions in options.

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