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A. insurance companies.
B. university endowments..
C. investment companies.
Option B is the right answer.
B. university endowments.==============
I think The correct answer B. university endowments.
c) Investment Companies. This is so because these firms operate to ensure that they maximise shareholders wealth as well as maintaining the value of the investment held with them.
investment companies more than insurance companies
The correct option is c) Investment cpmpanies
C. investment companies...............
Correct answer is C. Investment companies.