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15-09-2022
Business

Answered

Question 24(Multiple Choice Worth 3 points)
(01.08 MC)
Why do financial companies charge fees to investors?
The fees are intended to cover the excess cost of trading in foreign funds.
It is a requirement under federal law to charge fees to cover taxes on gains.
The fees are high to get started so as to discourage the closing of accounts.
It pays for the costs associated with opening and making changes to a portfolio.

Answer :

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