Individual investors in the U.S.A. can play an important part in corporate governance because:
I. a large fraction of households' portfolio is held directly in equity securities
II. a large fraction of households' portfolio is held in pension funds
III. a large fraction of households' portfolio is held directly in bank deposits
A) I only
B) II only
C) III only
D) II and III only
Correct Answer:
Verified
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