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Which two of the following are TRUE? I. Dealers charge a markup or markdown for trades.; II. Dealers charge a commission for trades.; Ill. Brokers

Which two of the following are TRUE? I. Dealers charge a markup or markdown for trades.; II. Dealers charge a commission for trades.; Ill. Brokers charge a markup or markdown for trades.; IV. Brokers charge a commission for trades.

I and III

I and IV

II and III

II and IV

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