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Which one of the following statements is false?Multiple ChoiceInvestors who purchase mutual funds are guaranteed a higher rate of return than if they were to

Which one of the following statements is false?Multiple ChoiceInvestors who purchase mutual funds are guaranteed a higher rate of return than if they were to purchase comparable stocks and bonds directly.Professional fund managers work for an investment company.Investors purchase mutual funds because of their professional management.Even the best portfolio managers sometimes make mistakes.Investors purchase mutual funds for diversification.

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