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Which of the following represent advantages of buying mutual funds? Check all that apply. Investors receive custodial services Investors must manage their funds on

Which of the following represent advantages of buying mutual funds? Check all that apply.\ \ Investors receive custodial services\ Investors must manage their funds on their own\ Investors receive potential savings via lower commissions\ Investors receive professional management of their funds\ Investors must hire an additional firm for custodial services\ Investors have access to a diversified portfolio\ True or False: You cannot specify limit orders for purchases and sales of mutual funds.\ \ True\ False

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