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Which of the following organizations are excluded from the Investment Company Acts definition of an investment company? 1) insurance companies and finance companies, but not

Which of the following organizations are excluded from the Investment Company Acts definition of an investment company?

1) insurance companies and finance companies, but not banks and savings and loans

2) banks and savings and loans, but not insurance companies and finance companies

3) banks, savings, loans, insurance companies and finance companies

4) savings and loans, finance companies but not banks and insurance companies

5) banks and insurance companies but not savings and loans and finance companies

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