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valputin valputin
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8 years ago
By bundling share purchases of many investors together mutual funds can take advantage of economies of scale and thereby lower
A) diversification.
B) adverse selection.
C) transactions costs.
D) moral hazard.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
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#2
8 years ago
This is great!
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
#3
8 years ago
Great! Happy to be right Face with Stuck-out Tongue
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