In: Finance
Which of the following statement is NOT correct?
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 Price Impact is a trading cost for investors when trading common stocks  | 
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 None of the above  | 
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 Fund turnover can hurt mutual fund investors in terms of commission and tax liability  | 
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 Open-end mutual funds offer investors a guaranteed rate of return  | 
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 Fund turnover can hurt mutual fund investors in terms of commission and tax liability  | 
Open-end mutual funds offer investors a guaranteed rate of return
The above statement is not correct.