In the context of acquiring financial assets,identify a true statement about discount brokers.
A. They provide a wide range of services—such as research to identify good investment opportunities, financial planning, and tax advice.
B. They charge commissions based on the dollar value of the orders their clients place.
C. Theylimit their service to stocks and refrain from buying and selling bonds.
D. They charge lower commissions and fees than full-service brokers.
Answer: D
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